47 Carroll St, Binghamton, NY 13901

RARE student housing investment opportunity directly across from City Park in Downtown Binghamton. This 8,400 sq. ft. four-story brick building features six apartments totaling 18 bedrooms and 6 full bathrooms, plus a 2,100 sq. ft. commercial space with a kitchen and two half bathrooms. Previously operated as student housing, with historical rents of approx $750 per bedroom. The 18-bedroom layout offers substantial income potential, while the commercial space provides additional revenue opportunities. Each apartment offers central air, in-unit washer and dryer, stainless steel appliances, gas range, hardwood floors, separate entrances, and covered porches. Additional features include keyless biometric entry, surveillance cameras, a central station alarm system, and separate utility meters. Conveniently located near local universities, public transportation, and Downtown Binghamton amenities, this property offers strong student housing potential with added commercial upside.