51 Seminary Avenue
Binghamton, NY 13905
6
Bed
2
Bath
2,335Sqft
0.13Acre(Lot)
Offered for sale is a stabilized 2-unit student housing asset located in Binghamton’s West Side, the most established and consistently leased student corridor in the market. The property includes six bedrooms and two full bathrooms with a functional layout that supports consistent occupancy and efficient leasing. The asset is situated within the City’s R-3 zoning district, supporting higher density residential use and aligning with the surrounding student housing concentration south of Main Street. The location remains desirable for student tenants due to proximity to downtown amenities and established transportation routes. Leases for the upcoming semester are secured at $625 per bed with a projected 9.03% cap rate, offering strong in place yield relative to market alternatives. Thi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6Bathroom Information
Full Baths: 2 -
Flooring Information
Hardwood, Vinyl -
Interior Features
Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Forced Air Cooling: None
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Building Information
Year Built: 1900 Construction Materials: Vinyl Siding Private Pool: No
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Lot Information
Lot Dimensions: 0.13 Main Square Feet: 0.13 Acres Lot Description: Level
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Listing Price Information
Listing Price: $380000
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Tax Information
Parcel Number: 030200-160-046-0002-031-000-0000 Annual Tax: $2972.2
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Parking Information
Detached, GarageGarage Information
Has Garage: Yes Garage Space: 1
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School Information
Elementary School: Horace MannJunior High School:Senior High School: -
Utility Information
Cable Available -
Location Information
Direction: On Seminary 3rd house easy of St John Ave WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 7 HOUSES Portfolio- See.., Binghamton, NY, 13905 | $850,000 | 30 | 13 | 1 | 1 SqFt |
| 2 & 4 Erie Street, Binghamton, NY, 13905 | $240,000 | 6 | 2 | 2,016 | 2,016 SqFt |
| 12.5 Franklin St St, Binghamton, NY, 13905 | $125,000 | 4 | 2 | 1,848 | 1,848 SqFt |
| 30 Franklin Street, Binghamton, NY, 13905 | $180,000 | 4 | 2 | 1,760 | 1,760 SqFt |
| 162 Oak Street, Binghamton, NY, 13905 | $144,900 | 5 | 2 | 1,260 | 1,260 SqFt |
| 197 Oak Street, Binghamton, NY, 13905 | $129,000 | 6 | 2 | 2,294 | 2,294 SqFt |
| 40 Oak Street, Binghamton, NY, 13905 | $299,000 | 6 | 2 | 2,300 | 2,300 SqFt |
| 101 Oak Street, Binghamton, NY, 13905 | $375,000 | 6 | 3 | 3,442 | 3,442 SqFt |
| 152 Murray Street, Binghamton, NY, 13905 | $209,900 | 9 | 4 | 3,986 | 3,986 SqFt |
| 150 Murray St St, Binghamton, NY, 13905 | $269,900 | 8 | 2 | 2,693 | 2,693 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 07/18/2026 @ 05:05
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