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21 Beds
12 Baths
7,161 sqft

$1,350,000

50 Exchange Street, Binghamton NY, 13901

Price per sqft$188.52
Built in1970
Property size7,161 sqft
Property typeCondominium

Overview

Active

Listed Sep 17, 2026

Updated Sep 23

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.

$8,982/mo

Est. mortgage payment based on a $1,350,000 home price.

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

Additional information

MLS® ID
338024

Interior Features

Bedrooms
21
Bathrooms
12
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.07 Acres

Other Property Details

Taxes
$18,800
Tax Frequency
Annually
Municipality
Binghamton
MLS provider logo

Listed by Charles Ackerman with ACKERMANRE LLC
Listing Contact: 607-296-0758 

The IDX display contains information sourced from the Greater Binghamton Association of REALTORS® as of 9/23/2026. 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 9/23/2026 at 6:51 AM UTC

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