Under contract

$799,000

5 Mather St, Binghamton, NY 13905

18beds

8,556sqft

Multi Family, Apartment

Built in 1965

-- sqft lot

$-- Zestimate^®

$93/sqft

$-- HOA

What's special

Six electric metersTwo boilersThree water heaters

One of Binghamton's most proven West Side student housing addresses. 5 Mather Street sits in the heart of the R-3 student housing district — steps from Main Street, Downtown, and SUNY bus lines serving Binghamton University directly. Nine units across 8,556 SF with a by-the-room leasing model on three-bedroom units that maximizes per-unit revenue. Six 1-bedroom units and three 3-bedroom units, two boilers, three water heaters, six electric meters, and two sets of in-building laundry in place. Zoned for 12 units with expansion potential already infrastructures for 6 additional bedrooms. On-site maintenance conveying. Strong cap rate. 72-hour advance notice required. Proof of funds or pre-qualification required to schedule. Call listing agent for full offering memorandum. Call Now!

197 days
12
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 18
Bathrooms: 16
Full bathrooms: 15

Heating

Hot Water, Radiator(s)

Cooling

None, Wall/Window Unit(s)

Appliances

Included: Dryer, Gas Water Heater, Range, Refrigerator, Washer

Features

Flooring: Hardwood
Windows: Insulated Windows, Storm Window(s)

Interior area

Total interior livable area: 8,556 sqft
Finished area above ground: 8,556
Finished area below ground: 0

Video & virtual tour

Property

Parking

Parking features: On Street

Features

Exterior features: Storm Windows/Doors
Fencing: Yard Fenced

Lot

Size: 8,276 Square Feet
Dimensions: 44 x 170
Features: Level

Details

Parcel number: 03020016003000030240000000
Zoning: MULTI 12 UNIT
Zoning description: MULTI 12 UNIT

Construction

Type & style

Home type: MultiFamily
Architectural style: Multi-Family
Property subtype: Multi Family, Apartment

Materials

Stucco
Foundation: Poured

Condition

Year built: 1965

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, High Speed Internet Available

Community & HOA

Location

Region: Binghamton

Financial & listing details

Price per square foot: $93/sqft
Tax assessed value: $175,000
Annual tax amount: $17,549
Date on market: 4/23/2026
Listing agreement: Exclusive Right To Sell
Ownership: OWNER
Total actual rent: 126600

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/5/2026	Contingent	$799,000$93/sqft
Source: GBMLS #335551 Report a problem
7/22/2026	Price change	$799,000-11.1%$93/sqft
Source: GBMLS #335551 Report a problem
6/2/2026	Price change	$899,000-5.3%$105/sqft
Source: GBMLS #335551 Report a problem
4/23/2026	Listed for sale	$949,000+27.4%$111/sqft
Source: GBMLS #335551 Report a problem
2/24/2025	Listing removed	$745,000$87/sqft
Source: GBMLS #328430 Report a problem
1/2/2025	Price change	$745,000-3.9%$87/sqft
Source: GBMLS #328430 Report a problem
12/14/2024	Listed for sale	$775,000+24%$91/sqft
Source: GBMLS #328430 Report a problem
9/23/2022	Sold	$625,000$73/sqft
Source: GBMLS #317538 Report a problem
6/24/2022	Contingent	$625,000$73/sqft
Source: GBMLS #317538 Report a problem
6/16/2022	Listed for sale	$625,000$73/sqft
Source: GBMLS #317538 Report a problem