BEDS6
BATHS2 full
SQUARE FEET2,506
MLS#S1665253
STATUSActive
PROPERTY TYPEResidential -
SUBDIVISIONNewell Place
SCHOOLBinghamton
Property Description
Turnkey 2-unit investment opportunity with strong income and clear upside potential. This property features two spacious 3-bedroom, 1-bath units with separate utilities, making it ideal for clean expense management and improved cash flow. Current rents total $2,550/month, with the downstairs unit at $1,200 and the upstairs unit at $1,350. Both tenants are on month-to-month leases, providing immediate flexibility for an investor to adjust rents and increase returns. 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 implement a value-add strategy, this property offers a solid foundation with built-in upside at an attractive price point. 48-hour notice required due to tenants.
Property Features
Property Type: Residential -
Basement: Full
Garage: 1
Heating: Gas, Baseboard
Lot Size: 0.10 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $4,174
Year Built: 1900
Amenities
Fence
Feature Descriptions
Appliances: GasWaterHeater
Days on Site: 57
Exterior: WoodSiding
Fencing: Partial
Flooring: Carpet, Hardwood, Laminate, Tile, Varies
Lot: NearPublicTransit, Rectangular, RectangularLot, ResidentialLot
Lot Dimensions: 52X83
Parcel#: 030200-160-023-0003-032-000-0000
Parking: Paved, OneSpace
Parking Notes: Paved, OneSpace
Sewer: Connected
Units: 2
Utilities: ElectricityConnected, SewerConnected, WaterConnected
Water: Connected, Public
Local Schools
School District: Binghamton
Listed By / Shown By
Listing By
Agency Name: Gilbo Realty LLC
Agency Phone: 315-752-9513
Shown By
Agent Name: Chris Lavey
Agent Phone: (716) 480-9507
Agency Title: MJ Peterson Real Estate
Estimate Your Payment
Estimated Payment
$ 889.04 per month $478.50 Principal & Interest $347.83 Property Tax $62.71 Homeowner's InsuranceChange Payment Information
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159 Murray Street | MLS# S1665253
This home located at 159 Murray Street, Binghamton, NY 13905 is currently listed for sale with an asking price of $215,000. This property was built in 1900 and has 6 bedrooms and 2 full baths with 2506 sq. ft. Murray Street is located in the Newell Place subdivision within the Binghamton school district. Search Newell Place real estate on www.chrislavey.com today.