For sale

Price cut: $50K (6/2)

$899,000

5 Mather St, Binghamton, NY 13905

19beds

8,556sqft

Multi Family, Apartment

Built in 1965

-- sqft lot

$-- Zestimate^®

$105/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.

89 days

211

15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 19
Bathrooms: 13
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: $105/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
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

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified