About this home

One of Binghamton's most proven West Side student housing addresses. 5 Mather Street sits in the heart of the R-3 student housing district - steps from Main Street, Downtown, and SUNY bus lines serving Binghamton University directly. Nine units across 8,556 SF with a by-the-room leasing model on three-bedroom units that maximizes per-unit revenue. Six 1-bedroom units and three 3-bedroom units, two boilers, three water heaters, six electric meters, and two sets of in-building laundry in place. Zoned for 12 units with expansion potential already infrastructures for 6 additional bedrooms. On-site maintenance conveying. Strong cap rate. 72-hour advance notice required. Proof of funds or pre-qualification required to schedule. Call listing agent for full offering memorandum. Call Now!

Facts and features

Schools

• Horace Mann School

  elementary · K-5 · 0.3 mi

  4

• Binghamton High School

  high · 9-12 · 0.3 mi

  3

• West Middle School

  middle · 6-8 · 0.7 mi

  3

• Seton Catholic-Central High School

  middle · 7-12 · 0.3 mi

• Thomas Jefferson School

  elementary · K-5 · 0.8 mi

  5

• Children's Unit-Treatment & Eval

  elementary · 0.9 mi

Price history

• Jul 22, 2026 · Price Changed$799,000
• Jun 2, 2026 · Price Changed$899,000
• Apr 23, 2026 · Listed$949,000
• Feb 25, 2025 · Listing Removed—
• Jan 2, 2025 · Price Changed$745,000
• Dec 14, 2024 · Listed$775,000
• Oct 19, 2022 · Sold$625,000
• Sep 23, 2022 · Listing Removed—

Tax history

• 2026$17,601 tax · $175,000 assessed
• 2025$17,489 tax · $175,000 assessed
• 2024$17,026 tax · $175,000 assessed
• 2023$16,824 tax · $175,000 assessed
• 2022$16,534 tax · $175,000 assessed
• 2021$16,451 tax · $175,000 assessed
• 2020$16,402 tax · $175,000 assessed
• 2017$16,020 tax · $175,000 assessed

Where it is