$215,000

159 Murray Street, Binghamton, NY 13905

  • 6 beds |
  • 2 baths |
  • 2,506 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,317sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $86/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
March 6, 2026
Data Last Updated:
April 16, 2026 at 10:17PM
Listing Office:
Gilbo Realty LLC : 315-752-9513
Listing Agent:
Shawn Cregg : 315-391-3806
MLS ID:
S1665253
  • Appliances: Gas Water Heater
  • Basement: Full
  • Flooring: CarpetHardwoodLaminateTileVaries
  • Heating: GasBaseboard
  • Fireplace: Fireplaces: 0
  • General: Fence
  • Parking: PavedOne Space
  • Roofing: AsphaltShingle
  • General: Wood Siding2
  • Road/Access: City Street
  • Originating MLS: NYS_S
  • School District: Binghamton
  • County: Broome
  • Zoning: 030200-160-023-0003-032-000-0000
  • Fencing: Partial
  • Utilities: Electricity ConnectedSewer ConnectedWater ConnectedCircuit Breakers
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_S

This listing courtesy of Shawn Cregg , Gilbo Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Horace Mann Elementary School

30 College St, Binghamton, NY, 13905

Grades KG-5

0.60 miles away

W

West Middle School

W Middle Ave, Binghamton, NY, 13905

Grades 6-8

1.00 miles away

B

Binghamton High School

31 Main St, Binghamton, NY, 13905

Grades 9-12

0.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.