Property photo 1
Property photo 2
4 Beds
2 Baths
3,953 sqft

$212,500

58 Leroy Street, Binghamton NY, 13905

Price per sqft$53.76
Built in1910
Property size3,953 sqft
Property typeCondominium

Overview

Active

Listed Aug 11, 2026

Updated Aug 14

58 Leroy Street presents a compelling value-add opportunity in the heart of Binghamton’s established West Side student-housing market. The duplex is offered in as-is condition at $212,500, or approximately $42,500 per bed, compared with an estimated market average of approximately $60,000 per bed for stabilized student-housing properties. Following renovation, the property is projected to generate annual rental income of $43,500 and pro forma net operating income of $28,180. At the asking price, this equates to an approximate 13% pro forma capitalization rate, providing an attractive acquisition basis with meaningful potential for income growth and value creation.

$1,414/mo

Est. mortgage payment based on a $212,500 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
337452

Interior Features

Bedrooms
4
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.09 Acres

Other Property Details

Taxes
$3,021
Tax Frequency
Annually
View
Yes
MLS provider logo

Listed by Scott Warren with INNOVATIVE COMMERCIAL ADVISORS
Listing Contact: 607-621-0439 

The IDX display contains information sourced from the Greater Binghamton Association of REALTORS® as of 8/14/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Greater Binghamton Association of REALTORS® all rights reserved.

Data last updated on 8/14/2026 at 3:35 AM UTC

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