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    126 Murray St Binghamton, NY 13905

    For Sale
    $625,000

    Fully renovated multifamily property with strong rental income potential.

    Property size:
    4,914 SF

    Property Features for 126 Murray St

    General Information

    Size
    4,914 SF

    Building Details

    Year built
    1960

    Source: Lisberto Calvo Agent Lisberto Calvo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily Investment Opportunity

    Located in Binghamton, NY, 126 Murray St is a 4,914 SF multifamily property constructed in 1960 and fully renovated in 2023. The property features four modern, spacious units with functional layouts. The building has new plumbing, new water heaters, and a new furnace. The kitchens have been updated, and the bathrooms are new. Situated in a prime location in the heart of Binghamton, the property is a short walk from the downtown district, which offers a variety of dining, shopping, and entertainment options. Its proximity to educational institutions such as Binghamton University makes it a desirable student rental investment with strong rental income potential.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.9205376
    Latitude
    42.1003102

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      Renovated 24-Unit Apartment Building

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    FAQs

    What type of property is this?
    Quadplex - Fully renovated multifamily property with strong rental income potential.
    Where is this quadplex located?
    The property is located at 126 Murray St Binghamton, NY.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: - Fully renovated in 2023, offering modern living spaces and reduced maintenance.; - Prime Binghamton location, close to downtown dining, shopping, and entertainment.; - Strong rental income potential, ideal for student rental investment due to proximity to Binghamton University.
    (607) 725-2246
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    126 Murray St Binghamton, NY 13905
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