119 Murray St.
119 Murray St
Binghamton, NY 13905
Highlights
- Solid brick 12-unit building located in R3 zoning, ideal for student housing.
- Situated in a thriving area with substantial student housing development.
- Convenient access to bus lines, Court Street Bridge, and Downtown Binghamton.
- High walkability score of 77 enhances tenant appeal and accessibility.
- Significant renovations include new kitchens, updated bathrooms, and windows.
- Strong rental demand driven by proximity to Downtown and public transportation.
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 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 sign and 3 are still being advertised.
Located in an area that has experienced significant growth in student housing development, 119 Murray Street offers a prime opportunity in the R3 zoning district, which permits student housing. The property boasts a highly walkable location with a walkability score of 77, providing easy access to bus lines, the Court Street Bridge, and the vibrant amenities of Downtown Binghamton. Its close proximity to these conveniences drives strong rental demand, making it an attractive investment opportunity in this thriving neighborhood.
