74 Carroll St

Highlights

• Prime Downtown Binghamton Student Housing.
• 5 Residential Units with 25 Beds.
• 2 Commercial Spaces. One new tenant with a 3 year lease.
• Ample off street parking.
• Central Air.
• 3 Units have loft bedrooms.
• 2 Bathrooms in each unit.
• Laundry in each unit.
• Central Air.
• Walking distance to Downtown Binghamton.

Description

This is a standout opportunity for investors targeting Downtown Binghamton’s strong student housing market. This 13,000 SF building includes five fully leased residential units and two commercial spaces, with residential leases secured through the 2025–2026 academic year. The student housing component features 25 beds with high-end finishes, including central air, AC, two bathrooms per unit, and loft-style bedrooms in three of the five units. The building offers secure coded access to both the main entrance and individual units. Located just one building off Court Street, it’s within walking distance to Binghamton’s restaurants, nightlife, shops, and amenities. The property also includes ample off-street parking, and a newly signed three-year lease with a salon adds strength to the commercial portion. A must-see investment.

This prime location is ideally positioned to capitalize on Downtown Binghamton’s thriving student housing market. Just one building off the busy Court Street corridor, it combines exceptional convenience with a strong walkability score of 84 and a daily traffic count of 7,280. The property is easily accessible via SUNY bus routes and within walking distance to the area’s restaurants, shops, and amenities. Unlike many downtown sites, it also offers free street parking, with additional paid parking just one block to the west.

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