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Stephen Kaminsky
(607) 353-2047 Cell

159 Murray Street, Binghamton, NY 13905

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Property Description

Turnkey 2-unit investment opportunity with strong income potential and upside. This property features two spacious 3-bedroom units, each with 1 bathroom, large living areas, and eat-in kitchens, making them highly rentable layouts for today's tenant demand. Both units offer separate utilities, allowing for clean expense management and improved cash flow. Current rents total $2,350/month, with both units on month-to-month leases, offering immediate flexibility for an investor to increase rents. Based on market conditions and unit size, there is potential to push rents closer to $2,600-$2,700/month, creating a stronger return and long-term value. Additional features include a full basement, off-street parking with a driveway and garage, and a convenient location near public transportation and local amenities. Whether you're looking to expand your portfolio or live in one unit while the other helps pay your mortgage, this property offers a solid opportunity at an attractive price point. 48-hour notice required due to tenants.

159 Murray Street | MLS# S1665253

This multi-family property located at 159 Murray Street, Binghamton, NY 13905 is currently listed for sale with an asking price of $225,000. Murray Street is located within the Binghamton school district. Search Binghamton real estate on stephen-kaminsky.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Garage: 1
Heating: Gas, Baseboard
Lot Size: 0.10 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $4,174
Year Built: 1900

Amenities

Fence

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 14
Exterior: Wood Siding
Fencing: Partial
Flooring: Carpet, Hardwood, Laminate, Tile, Varies
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 52X83
Parcel#: 030200-160-023-0003-032-000-0000
Parking: Paved, One Space
Parking Notes: Paved, One Space
Sewer: Connected
Units: 2
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Binghamton

Estimate Your Payment

Estimated Payment

$ 914.21 per month $500.75 Principal & Interest $347.83 Property Tax $65.63 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Gilbo Realty LLC
Agency Phone: 315-752-9513

Shown By

Agent Name: Stephen Kaminsky
Agent Phone: (607) 353-2047 Cell
Agency Title: Timberland Properties

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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/21/2026. The listing information on this page last changed on 03/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 03/21/2026 1:46:22 AM EST) or Global MLS (last updated Sat 03/21/2026 1:22:00 AM EST) or New York State Alliance MLS (last updated Sat 03/21/2026 1:42:33 AM EST) or Hudson Valley Catskill Region MLS (last updated Sat 03/21/2026 12:11:10 AM EST) or OneKey MLS (last updated Sat 03/21/2026 1:38:14 AM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.

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