50 Exchange Street, Binghamton, New York image 1
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50 Exchange Street

Binghamton, NY 13901
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$1,350,000 $5,691/Mo
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Bed 21

Bed

Bath 12

Bath

SqFt7,161

Sqft

SqFt3,150

Sqft(Lot)

50 Exchange Street, Binghamton, NY - Six-Unit Student Housing Investment Turnkey, fully occupied student housing investment in Downtown Binghamton featuring six furnished apartments, 21 bedrooms, and dedicated off-street parking. The property consists of three 3-bedroom, 2-bathroom apartments and three 4-bedroom, 2-bathroom apartments. Each unit includes separately metered utilities, an in-unit washer and dryer, and furnishings included in the sale. The offering also includes a dedicated parking lot located at 12 Lisle Street. With the property currently 100% occupied, the investment provides established rental income and additional upside through below-market rents. Recent improvements include a roof replacement completed in 2019, solar panels, and three new furnaces. An attra ctive turnkey student housing opportunity with strong occupancy, desirable amenities, dedicated parking, and meaningful potential for future income growth through rent increases.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,350,000

AD Id : 91325183

MLS Id : 338024

Beds : 21

Lot Size : 3,150 Sq. Ft

Living Area Size : 7,161 Sq. Ft

Tax Amount : $18,800

Year Built : 1970

County : Broome

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Feature Features

  • Bedroom Information

    Total beds: 21

    Bathroom Information

    Full Baths: 12

    Room Information

    Has Basement: Yes Basement: Partial

  • Flooring Information

    Hardwood

  • Interior Features

    Appliances: Gas Water Heater

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Ceiling Fan(s)

  • Building Information

    Year Built: 1970 Construction Materials: Concrete Private Pool: No

  • Lot Information

    Lot Dimensions: 50x63 Main Square Feet: 3150 Square Feet Lot Description: Other, See Remarks

  • Listing Price Information

    Listing Price: $1350000

  • Tax Information

    Parcel Number: 030200-160-049-0002-002-000-0000 Annual Tax: $18800

  • School Information

    Elementary School: MacArthur
    Junior High School:
    Senior High School:

  • Utility Information

    Phone Available

  • Location Information

    Direction: East Clinton Street, crossing over the Chenango River.Turn right onto Water Street.Turn left onto Court Street.Turn right at the intersection of the Broome County Courthouse onto Exchange Street.50 Exchange Street will be on your right. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1015 River Road, Binghamton, NY, 13901 $354,900 4 3 2,716 0.68 Acre
112 Wisconsin Drive, Binghamton, NY, 13901 $474,900 4 3 3,265 1.90 Acres
25 Jason Drive, Binghamton, NY, 13901 $339,900 3 3 1,900 0.30 Acre
8 Willow Lane, Binghamton, NY, 13901 $189,900 4 2 1,398 0.28 Acre
21 Ritchie Road, Binghamton, NY, 13901 $220,000 3 2 1,638 0.15 Acre
61 Highland Road, Binghamton, NY, 13901 $249,000 4 2 2,100 0.27 Acre
1263 Cornell Avenue, Binghamton, NY, 13901 $220,000 3 2 2,266 0.20 Acre
1743 N Front Street, Binghamton, NY, 13901 $230,000 3 1 1,584 3.65 Acres
1111 Chenango Street, Binghamton, NY, 13901 $190,000 3 2 2,488 0.26 Acre
47 Cary Street St, Binghamton, NY, 13901 $119,999 4 2 1,128 0.07 Acre

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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 10/09/2026 @ 01:23

MLS: 338024 LISTED BY: Charles Ackerman, ACKERMANRE LLC 607-296-0758 SOURCE: Greater Binghamton Association of REALTORS

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