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For sale
  • $1,350,000

    50 Exchange St, Binghamton, NY 13901

    21beds
    7,161sqft
    Loading
    Multi Family, Apartment
    Built in 1970
    -- sqft lot
    $-- Zestimate®
    $189/sqft
    $-- HOA

    What's special

    Solar panelsDedicated parking lotSeparately metered utilitiesIn-unit washer and dryerDedicated off-street parkingThree new furnacesSix furnished apartments
    50 Exchange Street, Binghamton, NY - Six-Unit Student Housing Investment Turnkey, fully occupied student housing investment in Downtown Binghamton featuring six furnished apartments, 21 bedrooms, and dedicated off-street parking. The property consists of three 3-bedroom, 2-bathroom apartments and three 4-bedroom, 2-bathroom apartments. Each unit includes separately metered utilities, an in-unit washer and dryer, and furnishings included in the sale. The offering also includes a dedicated parking lot located at 12 Lisle Street. With the property currently 100% occupied, the investment provides established rental income and additional upside through below-market rents. Recent improvements include a roof replacement completed in 2019, solar panels, and three new furnaces. An attractive turnkey student housing opportunity with strong occupancy, desirable amenities, dedicated parking, and meaningful potential for future income growth through rent increases.
    33 days
    293
    17

    Zillow last checked:

    Listing updated:

    Listed by:

    ACKERMANRE LLC 607-296-0758,

    Charles Ackerman

    Source: GBMLS,MLS#: 338024MLS LogoOriginating MLS: Greater Binghamton Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 21
      • Bathrooms: 12
      • Full bathrooms: 12
      Heating
      • Forced Air
      Cooling
      • Ceiling Fan(s)
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Hardwood
      • Basement: Partial
      Interior area
      • Total interior livable area: 7,161 sqft
      • Finished area above ground: 7,161

      Property

      Parking
      • Parking features: Parking Space(s)
      Lot
      • Size: 3,150 Square Feet
      • Dimensions: 50 x 63
      • Features: Other, See Remarks
      Details
      • Parcel number: 03020016004900020020000000
      • Zoning: com 1
      • Zoning description: com 1

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Multi-Family
      • Property subtype: Multi Family, Apartment
      Materials
      • Concrete
      • Foundation: Basement
      Condition
      • Year built: 1970

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Phone Available

      Community & HOA

      Location
      • Region: Binghamton

      Financial & listing details

      • Price per square foot: $189/sqft
      • Tax assessed value: $196,900
      • Annual tax amount: $18,800
      • Date on market: 9/17/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: OWNER

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/17/2026Listed for sale$1,350,000+92.9%$189/sqft
        Source: GBMLS #338024 Report a problem
        7/1/2019Sold$700,000$98/sqft
        Source: Agent Provided Report a problem
        4/13/2019Listing removed$350
        Source: Zillow Rental Manager Report a problem
        4/12/2019Price change$350-36.4%
        Source: Zillow Rental Manager Report a problem
        1/2/2019Price change$550+10%
        Source: Zillow Rental Manager Report a problem
        12/26/2018Listed for rent$500-9.1%
        Source: Zillow Rental Manager Report a problem
        3/15/2018Listing removed$550
        Source: Zillow Rental Manager Report a problem
        11/16/2017Listed for rent$550-68.1%
        Source: Zillow Rental Manager Report a problem
        1/5/2016Listing removed$1,725
        Source: Bingo Rento Report a problem
        11/11/2015Price change$1,725-31%
        Source: Bingo Rento Report a problem
        10/9/2015Price change$2,500+44.9%
        Source: Bingo Rento Report a problem
        9/29/2015Price change$1,725-21.6%
        Source: Bingo Rento Report a problem
        8/28/2015Listed for rent$2,200
        Source: Bingo Rento Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 13901

        Getting around

        86 / 100
        Very Walkable
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: MacArthur
        • District: Binghamton

        Source: GBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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