47 Carroll Street, Binghamton, NY 13901

RARE student housing and mixed-use investment opportunity located directly across from City Park in Downtown Binghamton. This 8,400 SF four-story brick building features six apartments totaling 18 bedrooms and 6 full bathrooms, plus a 2,100 SF commercial space with a kitchen and two half bathrooms.

Previously operated as student housing, ownership reports historical rents of approximately $750 per bedroom, offering substantial income potential. The flexible mixed-use layout provides investors the opportunity to generate revenue from both residential and commercial components while benefiting from strong student housing demand.

Each apartment offers central air, in-unit washer and dryer, stainless steel appliances, gas range, hardwood floors, separate entrances, and covered porches. Additional features include keyless biometric entry, surveillance cameras, a central station alarm system, and separate utility meters.

Currently vacant and ready for lease-up, this property presents a unique value-add opportunity for investors seeking a large-scale student housing asset with additional commercial upside in a prime Downtown Binghamton location. Opportunity to bundle with additional investment properties available within the seller’s portfolio.