58 Leroy Street
Binghamton, NY 13905
4
Bed
2
Bath
3,953Sqft
58 Leroy Street presents a compelling value-add opportunity in the heart of Binghamton’s established West Side student-housing market. The duplex is offered in as-is condition at $212,500, or approximately $42,500 per bed, compared with an estimated market average of approximately $60,000 per bed for stabilized student-housing properties. Following renovation, the property is projected to generate annual rental income of $43,500 and pro forma net operating income of $28,180. At the asking price, this equates to an approximate 13% pro forma capitalization rate, providing an attractive acquisition basis with meaningful potential for income growth and value creation.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 4Bathroom Information
Full Baths: 2 -
Flooring Information
Carpet, Vinyl -
Interior Features
Appliances: Electric Water Heater, Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Cooling: None
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Building Information
Year Built: 1910 Construction Materials: Vinyl Siding Patio And Porch Features: Porch, Covered Private Pool: No -
Exterior Features
Exterior Features: Garden
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Lot Information
Lot Dimensions: 3953 Main Square Feet: 3953 Square Feet Lot Description: Garden, Level, Views
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Listing Price Information
Listing Price: $212500
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Tax Information
Parcel Number: 030200-160-046-0003-016-000-0000 Annual Tax: $3021
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Virtual Tour
Parking Information
On Street
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School Information
Elementary School: Thomas JeffersonJunior High School:Senior High School: -
Location Information
Direction: Located in the heart of Leroy street, Minutes away from Recreation Park, multiple bus stops WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 7 Johnson Rd Rd, Binghamton, NY, 13905 | $238,000 | 3 | 2 | 1,810 | 1,810 SqFt |
| 17 Wallace Road, Binghamton, NY, 13905 | $255,000 | 5 | 2 | 2,200 | 2,200 SqFt |
| 135 Front Street, Binghamton, NY, 13905 | $2,990,000 | 41 | 17 | 19,345 | 19,345 SqFt |
| 5 Leroy Street, Binghamton, NY, 13905 | $699,000 | 10 | -- | 5,415 | 5,415 SqFt |
| 5 Riverside Dr. Dr #808, Binghamton, NY, 13905 | $189,900 | 2 | 2 | 1,240 | 1,240 SqFt |
| 5 Riverside Drive #411, Binghamton, NY, 13905 | $169,000 | 2 | 2 | 1,270 | 1,270 SqFt |
| 5 Riverside Drive #207, Binghamton, NY, 13905 | $140,000 | 1 | 2 | 920 | 920 SqFt |
| 12 Florence Avenue, Binghamton, NY, 13905 | $199,000 | 3 | 1 | 1,538 | 1,538 SqFt |
| 19 Clinton Street, Binghamton, NY, 13905 | $119,000 | 2 | -- | 0 | 0.19 SqFt |
| 41 S Morningside Dr Dr, Binghamton, NY, 13905 | $225,000 | 2 | 2 | 1,960 | 1,960 SqFt |
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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 08/20/2026 @ 19:26
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