47 Carroll St, 13901, Binghamton, NY
47 Carroll St, 13901, Binghamton, NY
$1,000,000
RARE student housing investment opportunity across from City Park in Downtown Binghamton. This 8, 400 sq. ft. four-story brick building features six apartments totaling 18 bedrooms and 6 full bathrooms, plus a 2, 100 sq. ft. commercial space with kitchen and two half bathrooms. Previously operated as student housing, with historical rents of approximately $750 per bedroom. Apartments feature central air, in-unit laundry, stainless steel appliances, hardwood floors, separate entrances, covered porches, keyless entry, surveillance cameras, alarm system, and separate utility meters. The commercial space offers additional income potential with the opportunity to convert to additional residential units or bedrooms. Additional lots across the street are also available for purchase, offering potential parking for 40+ vehicles. Conveniently located near local universities, public transportation, and Downtown amenities.
Amity Deubler
47 Carroll St, 13901, Binghamton, NY