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photo 0: 159 Murray Street, Binghamton NY 13905
photo 1 : 159 Murray Street, Binghamton NY 13905
photo 2 : 159 Murray Street, Binghamton NY 13905

Active

159 Murray Street, Binghamton NY 13905

MLS# S1665253

$215,000

Price

6

Beds

2

Baths


2,506

Living Area (Sq.Ft.)

0.099

Lot Area (Acres)

Turnkey 2-unit investment opportunity with strong income potential and upside. This property features two spacious 3-bedroom units, each with 1 bathroom, large living areas, and eat-in kitchens, making them highly rentable layouts for today’s tenant demand. Both units offer separate utilities, allowing for clean expense management and improved cash flow. Current rents total $2,350/month, with both units on month-to-month leases, offering immediate flexibility for an investor to increase rents. Based on market conditions and unit size, there is potential to push rents closer to $2,600–$2,700/month, creating a stronger return and long-term value. Additional features include a full basement, off-street parking with a driveway and garage, and a convenient location near public transportation and local amenities. Whether you’re looking to expand your portfolio or live in one unit while the other helps pay your mortgage, this property offers a solid opportunity at an attractive price point. 48-hour notice required due to tenants.

Status

Active

Property Type

Residential

Property Sub Type

MultiFamily

Year Built

1900

Parcel Number

030200-160-023-0003-032-000-0000

Unit Number

--

Subdivision Name

Newell Place

Lot Features

Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Levels

Two

Lot Size Dimensions

52X83

Stories

2

Bath Rooms Full

2

Property Condition

Resale

Elementary School District

Binghamton

Middle Or Junior School District

Binghamton

High School District

Binghamton

Location

Listing Agent

Shawn Cregg

Listing Office

Gilbo Realty LLC

Owner Name

--

Owner Phone

--

Possession

CloseOfEscrow

Special Listing Conditions

Standard

Listing Terms

Cash, Conventional

Listing Agreement

ExclusiveRightToSell

Listing Contract Date

2026-03-06

Tenant Pays

AllUtilities

Fire Places Total

0

Flooring

Carpet, Hardwood, Laminate, Tile, Varies

Heating

true

Heating Features

Gas, Baseboard

Appliances

Gas Water Heater

Electric

Circuit Breakers

Garage

true

Garage Spaces

1

Exterior Features

Fence

Water Source

Connected, Public

Sewer

Connected

Roof

Asphalt, Shingle

Utilities

Electricity Connected, Sewer Connected, Water Connected

Parking Features

Paved, One Space

Basement

Full

Construction Materials

Wood Siding

Fencing

Partial

No schools found

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