119 Murray Street

Binghamton, NY 13905

$1,179,000
Price
23
Beds
9,918 Sq. Ft.
$119 / Sq. Ft.
9,918
Sq. Ft.
$119
per Sq. Ft.

Description

This solid brick 12-unit building is located in the desirable R3 zoning district, making it perfectly suited for student housing. Situated in a neighborhood that has seen substantial student housing development in recent years, this property is ideally positioned to benefit from strong rental demand. The location offers a walkability score of 77 and provides convenient access to bus lines, the Court Street Bridge, and the vibrant amenities of Downtown Binghamton. The building has undergone significant...This solid brick 12-unit building is located in the desirable R3 zoning district, making it perfectly suited for student housing. Situated in a neighborhood that has seen substantial student housing development in recent years, this property is ideally positioned to benefit from strong rental demand. The location offers a walkability score of 77 and provides convenient access to bus lines, the Court Street Bridge, and the vibrant amenities of Downtown Binghamton. The building has undergone significant renovations, including new kitchens, updated bathrooms, new windows, and more, ensuring modern appeal and functionality for tenants. This is a prime investment opportunity in a growing area. Rents quotes are for the 25/26 School year. 9 are signed and 3 are still being advertised.
  1. Listed by Scott Warren • INNOVATIVE COMMERCIAL ADVISORS

Property Details for 119 Murray Street

Architectural Style
MultiFamily
Zoning
Residential Multi Unit
LISTING UPDATED: 12/08/2024 05:45 PM

Property Details for 119 Murray Street

StatusActive
MLS #328427
Days on Market19
Taxes$27,322 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1950
CountyBroome County

Building Information for 119 Murray Street

Building/Complex119 Murray StFloor-Stories-Residences12Pet Policy-Pet Policy Details-Year Built1950Building Size-

Property Information for 119 Murray Street

Summary
Location and General Information
  • City: Binghamton
  • County Or Parish: Broome
  • Directions: Main to Murray.
  • Postal City: Binghamton
  • Township: Binghamton
  • State Or Province: NY
  • MLS Area Major: Area 03
  • Postal Code: 13905
  • Zoning Description: Residential Multi Unit
Taxes and HOA Information
  • Parcel Number: 030200-160-039-0002-004-000-0000
  • Tax Annual Amount: $27,322.00
  • Tax Assessed Value: $439,206.00
  • Tax Book Number: 160.39-2-4
School Information
  • Elementary School: Horace Mann
  • Elementary School District: Binghamton
  • High School District: Binghamton
  • Middle Or Junior School District: Binghamton
Parking
  • Garage Spaces: .00
  • Garage: No
  • Parking Features: Driveway
Property
Lot Information
  • Above Grade Finished Area: 9918.0
  • Living Area: 9918.0
  • Lot Features: Level
  • Lot Size Dimensions: 55x147
Property and Assessments
  • Sign On Property: No
  • Year Built: 1950
  • Property Sub Type: Apartment
  • Property SubType Additional: Apartment
  • Property Type: ResidentialIncome
  • Construction Materials: Brick
Utilities
  • Sewer: PublicSewer
  • Utilities: CableAvailable
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Basement
Interior Features
  • Appliances: GasWaterHeater
  • Cooling: No
  • Cooling: None
  • Flooring: Carpet, Hardwood, Tile
  • Heating: ForcedAir
  • Heating: Yes
  • Bathrooms Full: 12
  • Bedrooms Total: 23
Room Information
Room 1
  • HumanModified: Yes
Room 2
  • HumanModified: Yes
Room 3
  • HumanModified: Yes
Room 4
  • HumanModified: Yes
Room 5
  • HumanModified: Yes
Room 6
  • HumanModified: Yes
Room 7
  • HumanModified: Yes
Room 8
  • HumanModified: Yes
Room 9
  • HumanModified: Yes
Room 10
  • HumanModified: Yes
Room 11
  • HumanModified: Yes
Room 12
  • HumanModified: Yes
Mobile Home
Mobile/Manufactured Home
  • Human Modified: No
Multi Family
Multi-Family Information
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 12
  • Number Of Units Total: 12
Income & Expenses Information
  • Water Sewer Expense: $2,000.00
  • Fuel Expense: $.00
  • Insurance Expense: $4,000.00
  • Electric Expense: $1,200.00
  • Net Operating Income: $107,980.00
Unit 1
  • Actual Rent: $1,200.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,200.00
Unit 2
  • Actual Rent: $1,050.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $1,050.00
Unit 3
  • Actual Rent: $1,300.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,300.00
Unit 4
  • Actual Rent: $1,050.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,050.00
Unit 5
  • Actual Rent: $1,300.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,300.00
Unit 6
  • Actual Rent: $1,100.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,100.00
Unit 7
  • Actual Rent: $1,400.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,400.00
Unit 8
  • Actual Rent: $1,200.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,200.00
Unit 9
  • Actual Rent: $1,100.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,100.00
Unit 10
  • Actual Rent: $1,100.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,100.00
Unit 11
  • Actual Rent: $1,100.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,100.00
Unit 12
  • Actual Rent: $1,500.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,500.00
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 119 Murray Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 119 Murray Street

Taxable ValueLand$7,500Additions$269,200Total$276,700
Home Facts
Total Finished SqFt9,918 SqFtAbove Grade Finished SqFt9,918 SqFtUnfinished Basement SqFt3,306 SqFtStories3Lot Size8,085 SqFtStyleMulti-Family Res (5+ Units)Year Built1960CountyBROOMEAPN030200 160.39-2-4

Schools near 119 Murray Street

This home is within Binghamton City School District.
Rating
School
Type
Grades
Distance
Horace Mann School
Public - PK to 5
West Middle School
Public - 6 to 8
Binghamton High School
Public - 9 to 12
Seton Catholic-Central High School
Private - 7 to 12
Rating
School
Distance
Horace Mann School
PublicPK to 5

West Middle School
Public6 to 8

Binghamton High School
Public9 to 12

Seton Catholic-Central High School
Private7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 119 Murray Street, Binghamton, NY 13905

119 Murray Street is a multi-family home for sale in Binghamton, NY 13905. This property was listed for sale on December 8, 2024 by INNOVATIVE COMMERCIAL ADVISORS, it's currently listed at $1,179,000. It has been on the market for a total of 19 days and was last sold on September 12, 2022. This listing's school district is Binghamton City School District. Nearby schools include Horace Mann School, West Middle School and Binghamton High School. 119 Murray Street is a 23-bed, 12-bath, 9,918 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of INNOVATIVE COMMERCIAL ADVISORS

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.