About this home

Turnkey, fully leased 8-bedroom student-housing investment on Binghamton's West Side generating approximately $57,600 in current gross annual rent. Pre-leased for the 2026-2027 academic year, providing immediate income to the next owner. Two 4-bedroom units currently rent for $2,340/month each and feature in-unit laundry. Recent improvements include a newer roof, updated water heater and upgraded electrical service. Established rental location convenient to downtown, public transportation and area amenities. An opportunity to acquire an occupied, income-producing property with leases already secured for the upcoming academic year. 24-hour notice required.

Facts and features

Schools

• Binghamton High School

  high · 9-12 · 0.2 mi

  3

• Horace Mann School

  elementary · K-5 · 0.5 mi

  4

• West Middle School

  middle · 6-8 · 0.9 mi

  3

• Seton Catholic-Central High School

  middle · 7-12 · 0.4 mi

• Children's Unit-Treatment & Eval

  elementary · 0.6 mi

• Macarthur School

  elementary · K-5 · 0.6 mi

  4

Price history

• Jul 13, 2026 · Price Changed$469,999
• Jun 13, 2026 · Listed$475,000
• Sep 15, 2023 · Listing Removed—
• Sep 6, 2023 · Listed For Rent$2,300
• Jan 18, 2012 · Listing Removed$1,500,000
• Jan 17, 2012 · Listed$1,500,000
• Feb 11, 2010 · Sold$111,000
• Jan 22, 2008 · Sold$106,000

Tax history

• 2026$6,738 tax · $78,500 assessed
• 2025$7,845 tax · $78,500 assessed
• 2024$7,637 tax · $78,500 assessed
• 2023$7,547 tax · $78,500 assessed
• 2022$7,416 tax · $78,500 assessed
• 2021$7,379 tax · $78,500 assessed
• 2020$4,849 tax · $78,500 assessed
• 2017$4,902 tax · $78,500 assessed

Home value

$444,700

• Cotality$444,700
• Collateral Analytics$465,000
• Quantarium$208,617

Where it is