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.
For sale
$212,500
58 Leroy St, Binghamton, NY 13905
4beds
--baths
3,953sqft
Multi Family, Apartment
Built in 1910
-- sqft lot
$-- Zestimate®
$54/sqft
$-- HOA
What's special
- 3 days |
- 196 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
INNOVATIVE COMMERCIAL ADVISORS 607-203-1826,
Scott Warren
Source: GBMLS,MLS#: 337452
Originating MLS: Greater Binghamton Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- None
Appliances
- Included: Electric Water Heater, Gas Water Heater
Features
- Flooring: Carpet, Vinyl
Interior area
- Total interior livable area: 3,953 sqft
- Finished area above ground: 1,818
Video & virtual tour
Property
Parking
- Parking features: On Street
Features
- Patio & porch: Covered, Porch
- Exterior features: Porch
- Has view: Yes
Lot
- Size: 3,953 Square Feet
- Dimensions: 3953
- Features: Garden, Level, Views
Details
- Parcel number: 03020016004600030160000000
- Zoning: R-3
- Zoning description: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Vinyl Siding
- Foundation: Concrete Perimeter
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Binghamton
Financial & listing details
- Price per square foot: $54/sqft
- Tax assessed value: $104,270
- Annual tax amount: $3,021
- Date on market: 8/10/2026
- Cumulative days on market: 3 days
- Listing agreement: Exclusive Right To Sell
- Ownership: OWNER
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2026 | Listed for sale | $212,500+304.8%$54/sqft |
Source: | ||
| 12/14/2025 | Listing removed | $2,625$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/16/2025 | Listed for rent | $2,625-12.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/6/2024 | Listing removed | $3,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/4/2024 | Listed for rent | $3,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/15/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/8/2024 | Listed for rent | $3,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/31/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 2/14/2024 | Listed for rent | $3,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/20/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/29/2023 | Listed for rent | $3,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/7/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 9/4/2023 | Listed for rent | $3,000$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/6/2018 | Sold | $52,500$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $46,400 |
| 2024 | -- | $46,400 |
| 2023 | -- | $46,400 |
| 2022 | -- | $46,400 |
| 2021 | -- | $46,400 |
| 2020 | -- | $46,400 |
| 2019 | -- | $46,400 |
| 2018 | -- | $46,400 |
| 2017 | $2,448 +26.6% | $46,400 |
| 2016 | $1,933 | $46,400 |
| 2015 | $1,933 | $46,400 |
| 2014 | $1,933 | $46,400 |
| 2013 | -- | $46,400 |
| 2012 | -- | $46,400 |
| 2011 | -- | $46,400 |
| 2010 | -- | $46,400 |
| 2009 | -- | $46,400 |
| 2008 | -- | $46,400 |
| 2007 | -- | $46,400 |
| 2006 | -- | $46,400 |
| 2005 | -- | $46,400 |
| 2004 | -- | $46,400 |
| 2003 | -- | $46,400 |
| 2002 | -- | $46,400 |
| 2001 | -- | $46,400 |
| 2000 | -- | $46,400 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 13905
Nearby schools
GreatSchools rating
- 4/10Horace Mann SchoolGrades: PK-5Distance: 0.4 mi
- 3/10West Middle SchoolGrades: PK,6-8Distance: 0.7 mi
- 3/10Binghamton High SchoolGrades: PK,9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Thomas Jefferson
- 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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