Under Contract

5 Mather Street

Binghamton, NY 13905
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Bed 15

Bed

Bath 15

Bath

SqFt8,556

Sqft

Acres0.19

Acre(Lot)

One of Binghamton's most proven West Side student housing addresses. 5 Mather Street sits in the heart of the R-3 student housing district — steps from Main Street, Downtown, and SUNY bus lines serving Binghamton University directly. Nine units across 8,556 SF with a by-the-room leasing model on three-bedroom units that maximizes per-unit revenue. Six 1-bedroom units and three 3-bedroom units, two boilers, three water heaters, six electric meters, and two sets of in-building laundry in place. Zoned for 12 units with expansion potential already infrastructures for 6 additional bedrooms. On-site maintenance conveying. Strong cap rate. 72-hour advance notice required. Proof of funds or pre-qualification required to schedule. Call listing agent for full offering memorandum. Call Now!

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Detail Ic Property Details

Property Type : Residential Income

Price : $799,000

AD Id : 77714628

MLS Id : 335551

Beds : 15

Lot Size : 0.19 Acre

Living Area Size : 8,556

Tax Amount : 17549.00

Year Built : 1965

County : Broome

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Map

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Feature Features

  • Bedroom Information

    Total beds: 15

    Bathroom Information

    Full Baths: 15
  • Flooring Information

    Hardwood
  • Interior Features

    High Speed Internet Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer Window Features: Storm Window(s), Insulated Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Hot Water Cooling: None, Wall/Window Unit(s)

  • Building Information

    Year Built: 1965 Construction Materials: Stucco Private Pool: No

  • Lot Information

    Lot Dimensions: 44 x 170 Main Square Feet: 0.19 Acres Lot Description: Level

  • Listing Price Information

    Listing Price: $799000 Original Price: $949000

  • Tax Information

    Parcel Number: 030200-160-030-0003-024-000-0000 Annual Tax: $17549

  • School Information

    Elementary School: Horace Mann
    Junior High School:
    Senior High School:
  • Utility Information

    Cable Available
  • Location Information

    Direction: Continue on NY-17 E to Binghamton. Take exit 72B from I-86 E 8 min (7.6 mi) Continue on US-11 S/Front St. Drive to Mather St WaterSource: Public
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Nearby Home Value

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41 S Morningside Dr Dr, Binghamton, NY, 13905 $205,000 2 2 1,960 0.35 Acre
5 Lydia Street, Binghamton, NY, 13905 $49,900 3 1 1,722 0.11 Acre
266 Oak Street, Binghamton, NY, 13905 $120,000 3 2 1,394 0.09 Acre

Listing information provided in part by the Greater Binghamton Association of REALTORS®, Inc. MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright ©2026 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.

ByOwner last updated this listing 09/09/2026 @ 08:20

MLS: 335551 LISTED BY: Keith Arnold, HOWARD HANNA 607-754-2600 SOURCE: Greater Binghamton Association of REALTORS

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