About this home

Exceptional mixed-use investment opportunity in Downtown Binghamton with approximately $162,000 in potential annual gross rental income based on historical rents of $750 per bedroom! This 8,400 sq. ft., four-story brick building features six fully furnished apartments totaling 18 bedrooms and 6 full bathrooms, plus 2,100 sq. ft. of commercial space with a kitchen and two half bathrooms. The commercial space offers additional income potential through leasing or possible residential conversion. Features include central air, in-unit laundry, stainless steel appliances, hardwood floors, covered porches, keyless entry, security cameras, and separate utilities. Located across from City Park near Binghamton University, public transportation, dining, shopping, and entertainment. Lots across the street are available for purchase, offering potential parking for 40+ vehicles. An opportunity to acquire a mixed-use asset with multiple revenue streams and future growth potential!

Facts and features

Schools

• Binghamton High School

  high · 9-12 · 0.7 mi

  3

• Macarthur School

  elementary · K-5 · 1.0 mi

  4

• East Middle School

  middle · 6-8 · 1.5 mi

  4

• St John The Evangelist School

  elementary · K-6 · 0.4 mi

• Children's Unit-Treatment & Eval

  elementary · 0.6 mi

• Benjamin Franklin Elementary School

  elementary · K-5 · 0.8 mi

  3

Price history

• Oct 28, 2026 · Listed$1,000,000
• Oct 1, 2026 · Listing Removed—
• Jun 1, 2026 · Listed$1,000,000
• Feb 14, 2017 · Listing Removed$1,650
• Dec 2, 2016 · Listed For Rent$1,650
• Jan 13, 2016 · Listing Removed$1,650
• Oct 19, 2015 · Listed For Rent$1,650
• May 7, 2015 · Listing Removed$1,500

Tax history

• 2026$6,236 tax · $62,000 assessed
• 2025$6,196 tax · $62,000 assessed
• 2024$6,032 tax · $62,000 assessed
• 2023$5,960 tax · $62,000 assessed
• 2022$5,857 tax · $62,000 assessed
• 2021$5,828 tax · $62,000 assessed
• 2020$5,811 tax · $62,000 assessed
• 2017$5,675 tax · $62,000 assessed

Where it is