Residential Income in Binghamton

$1,000,000

47 Carroll St, 13901, Binghamton, NY

Residential Income for sale in Binghamton, 47 Carroll St, 13901, 8420 m²

47 Carroll St, 13901, Binghamton, NY

$1,000,000

18Bed
8420
Type: Residential Income

Description

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. Previously operated as student housing, with historical rents of approx $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, a central station alarm system, and separate utility meters. Conveniently located near local universities, public transportation, and Downtown Binghamton amenities, this property offers strong student housing potential with added commercial upside.

Location

47 Carroll St, 13901, Binghamton, NY

Data

Object TypeResidential Income
Purchase Price$1,000,000
Living Space8420 m²
Plot SizeN/A
BathroomsN/A
Construction Year1960
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air
Primary Energy SourceN/A
Construction Year1960
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent