RARE student housing investment opportunity directly across from City Park in Downtown Binghamton. This 8,400 sq. ft. four-story brick building features six apartments totaling 18 bedrooms and 6 full bathrooms, plus a 2,100 sq. ft. commercial space with a kitchen and two half bathrooms.
Historically operated as student housing at approximately $750 per bedroom. The 18-bedroom layout offers substantial income potential, while the commercial space provides additional revenue opportunities.
Each apartment offers central air, in-unit washer and dryer, stainless steel appliances, gas range, hardwood floors, separate entrances, and covered porches. Additional features include keyless biometric entry, surveillance cameras, central station alarm system, separate utilities, and ample off-street parking.
Conveniently located near universities, public transportation, and Downtown Binghamton amenities with strong student rental demand, proven occupancy history, and commercial upside.