NY
Broome
Binghamton
13905
120 Murray Street
120 Murray Street, Binghamton, NY 13905
Share Listing
Listing Type
Multi Family
Listing Status
Active
12
$315,000

Home Details for 120 Murray Street

Price
$315,000
Type
Residential Income
Bedrooms
10
Full Bathrooms
4
Square feet
2640
Year built
1890
County
Broome
Days on site
1
MLS Listing#
337541
Property Description

Investment opportunity at 120 Murray Street in Binghamton’s West Side. This two-unit property offers nine rentable bedrooms and four full bathrooms, with two bathrooms in each unit. The property is currently leased by the bed at $550 per month, generating scheduled gross rent of $4,950 per month, or $59,400 annually. With comparable rents in the surrounding market averaging more than $700 per bed, the property offers meaningful potential for future rental growth, subject to existing leases and market conditions. Located just off Main Street within walking distance of Downtown Binghamton, the property is situated in the R3 Residential Multi-Unit Dwelling District, which provides a favorable framework for multifamily, student-housing, and congregate-living uses, subject to applicable municipal approvals and occupancy requirements. An attractive opportunity for an investor seeking established income with additional upside​​‌​​​​‌​‌​​​​‌​​‌​​​​‌‌ potential.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • Utilities
    • Cable Available
  • Parking
    • None
School Information
School Information for 120 Murray Street, Binghamton, NY 13905
Elementary School
Horace Mann
Middle School
N/A
High School
N/A
Listing Courtesy: INNOVATIVE COMMERCIAL ADVISORS - 607-203-1826
Listing information provided in part by the Greater Binghamton Association of REALTORS®, Inc. MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright ©2026 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.
Fair Housing Notice
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Great Binghamton AOR.
EXIT REALTY FRONT AND CENTER
1155 Front Street, Binghamton, NY 13905
Office
607 724 3948
Request more details
Code: