126 Murray Street

Binghamton, NY 13905

$625,000
Price
12
Beds
7
Baths
4,914 Sq. Ft.
$127 / Sq. Ft.
4,914
Sq. Ft.
$127
per Sq. Ft.

Description

Introducing 126 Murray St with a big price reduction, a prime investment opportunity in Binghamton, NY. This is a Student Rental in the R3 Zone. This 4,914 SF multifamily, built in 1960 and fully renovated in 2023, features 4 spacious units offering modern appeal and functional layouts. With a strategic location in Binghamton, this property presents a compelling investment for student rental investors. New plumbing, New Water Heaters ,New Furnace, New Bathrooms and Updated Kitchens. Students will...Introducing 126 Murray St with a big price reduction, a prime investment opportunity in Binghamton, NY. This is a Student Rental in the R3 Zone. This 4,914 SF multifamily, built in 1960 and fully renovated in 2023, features 4 spacious units offering modern appeal and functional layouts. With a strategic location in Binghamton, this property presents a compelling investment for student rental investors. New plumbing, New Water Heaters ,New Furnace, New Bathrooms and Updated Kitchens. Students will have a less than 5 min walk to downtown for convenience, a few steps away from public transportations and many shops surrounding them. Come see this great Investment today while the students haven't moved in yet.
  1. Listed by Lisberto Calvo Garcia • INNOVATIVE COMMERCIAL ADVISORS

Property Details for 126 Murray Street

Architectural Style
MultiFamily
Zoning
RMUD
LISTING UPDATED: 11/12/2024 11:52 AM

Property Details for 126 Murray Street

StatusActive
MLS #326683
Days on Market107
Taxes$8,253 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quadruplex
Year Built1960
Lot Size0.16 AC / 6,969 SF
CountyBroome County

Building Information for 126 Murray Street

Stories-Residences4Year Built1960Building Size-Lot Size0.16 AC / 6,969 SF

Property Information for 126 Murray Street

Summary
Location and General Information
  • City: Binghamton
  • County Or Parish: Broome
  • Directions: Main St to Murray
  • Postal City: Binghamton
  • Township: Binghamton
  • State Or Province: NY
  • MLS Area Major: Area 03
  • Postal Code: 13905
  • Zoning Description: RMUD
Taxes and HOA Information
  • Tax Annual Amount: $8,253.00
  • Tax Assessed Value: $85,300.00
School Information
  • Elementary School: Horace Mann
  • Elementary School District: Binghamton
  • High School District: Binghamton
  • Middle Or Junior School District: Binghamton
Parking
  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: SharedDriveway, OnStreet
Property
Lot Information
  • Above Grade Finished Area: 4914.0
  • Living Area: 4914.0
  • Lot Features: Level
  • Lot Size Dimensions: 0.16 Acres
Property and Assessments
  • Sign On Property: Yes
  • Year Built: 1960
  • Property Sub Type: Quadruplex
  • Property SubType Additional: Quadruplex
  • Property Type: ResidentialIncome
  • Construction Materials: VinylSiding
Utilities
  • Sewer: PublicSewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Porch
Interior Features
  • Appliances: ElectricWaterHeater
  • Cooling: CeilingFans
  • Flooring: Laminate, Tile, Vinyl
  • Heating: ForcedAir
  • Heating: Yes
  • Bathrooms Full: 7
  • Bedrooms Total: 12
Room Information
Room 1
  • HumanModified: No
Room 2
  • HumanModified: No
Room 3
  • HumanModified: No
Room 4
  • HumanModified: No
Mobile Home
Mobile/Manufactured Home
  • Human Modified: Yes
Multi Family
Multi-Family Information
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 4
Income & Expenses Information
  • Water Sewer Expense: $1,965.00
  • Fuel Expense: $2,400.00
  • Gross Income: $59,400.00
  • Insurance Expense: $.00
  • Professional Management Expense: $2,722.00
  • Electric Expense: $420.00
  • Net Operating Income: $38,688.00
Unit 1
  • Baths Total: 2
  • Beds Total: 4
Unit 2
  • Actual Rent: $1,450.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,450.00
Unit 3
  • Actual Rent: $700.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $700.00
Unit 4
  • Actual Rent: $2,800.00
  • Baths Total: 3
  • Beds Total: 4
  • Total Rent: $2,800.00
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 126 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 126 Murray Street

Taxable ValueLand$7,300Additions$78,000Total$85,300
Home Facts
Total Finished SqFt4,914 SqFtAbove Grade Finished SqFt4,914 SqFtUnfinished Basement SqFt1,638 SqFtStories3Lot Size6,700 SqFtStyleMulti-Family Res (5+ Units)Year Built1960CountyBROOMEAPN030200 160.39-3-16

Schools near 126 Murray Street

This home is within Binghamton City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

126 Murray Street is a multi-family home for sale in Binghamton, NY 13905. This property was listed for sale on August 6, 2024 by INNOVATIVE COMMERCIAL ADVISORS, it's currently listed at $625,000. It has been on the market for a total of 107 days and was last sold on August 19, 2021. This listing's school district is Binghamton City School District. Nearby schools include Horace Mann School, West Middle School and Binghamton High School. 126 Murray Street is a 12-bed, 7-bath, 4,914 sqft multi-family home built in 1960.

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.