52 Leroy Street
Binghamton, NY 13905
5
Bed
2
Bath
2,044Sqft
6,460Sqft(Lot)
52 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 $24,528. At the asking price, this equates to an approximate 11.54% 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: 5Bathroom Information
Full Baths: 2 -
Flooring Information
Carpet, Vinyl -
Interior Features
Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Baseboard Cooling: None
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Building Information
Year Built: 1920 Construction Materials: Frame, Vinyl Siding Patio And Porch Features: Porch, Covered Private Pool: No -
Exterior Features
Exterior Features: Garden
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Lot Information
Lot Dimensions: 50x128 Main Square Feet: 6460 Square Feet Lot Description: Garden
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Listing Price Information
Listing Price: $212500
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Tax Information
Parcel Number: 030200-160-047-0001-029-000-0000 Annual Tax: $5021
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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 on Leroy street, minutes away from Main street and Recreation park. Accessible bus stop locations 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 | -- |
| 2 & 4 Erie Street, Binghamton, NY, 13905 | $240,000 | 6 | 2 | 2,016 | 0.34 Acre |
| 12.5 Franklin St St, Binghamton, NY, 13905 | $110,000 | 4 | 2 | 1,848 | 0.05 Acre |
| 30 Franklin Street, Binghamton, NY, 13905 | $157,000 | 4 | 2 | 1,760 | 0.15 Acre |
| 5 Gaines Street, Binghamton, NY, 13905 | $189,000 | 4 | 2 | 1,756 | 0.42 Acre |
| 162 Oak Street, Binghamton, NY, 13905 | $144,900 | 5 | 2 | 1,260 | 0.10 Acre |
| 40 Oak Street, Binghamton, NY, 13905 | $294,000 | 6 | 2 | 2,300 | 0.23 Acre |
| 101 Oak Street, Binghamton, NY, 13905 | $375,000 | 6 | 3 | 3,442 | 0.13 Acre |
| 91 Oak Street, Binghamton, NY, 13905 | $277,000 | 6 | 4 | 3,282 | 0.10 Acre |
| 152 Murray Street, Binghamton, NY, 13905 | $209,900 | 9 | 4 | 3,986 | 0.17 Acre |
Similar Multifamily To 52 Leroy Street
Nearby For Sale
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 10/06/2026 @ 00:34
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