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Turnkey Triplex | Student Housing | Fully Occupied | Prime West Side Location

$260,000

3 Arthur St, Binghamton, NY 13905

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Last Updated: 07/08/2026

2,220 sqft

Building Size

0.1423 acres

Lot Area

Details:
Building Size:    2,220 sqft
Lot Area:    0.1423 acres
Occupancy:    100%
Class:    C
Units:    3
Year Built:    1905
Floors:    2
Highlights:
  • • Turnkey, Income-Producing Asset: Fully occupied triplex featuring one spacious 3-bedroom unit and two renovated 1-bedroom apartments,
  • • Prime West Side Location: Situated in one of Binghamton's most desirable rental markets, just minutes from Binghamton University, Downtown, major employers, Interstate 81, restaurants, shopping, and public transportation, driving consistent tenant demand.
  • • Strong Investment Fundamentals: Stabilized rental income, high occupancy, and future rent growth potential make this an ideal acquisition for investors seeking to expand a multifamily portfolio or complete a 1031 exchange.
Description:

3 Arthur Street is a fully occupied, turnkey triplex featuring a spacious 3-bedroom apartment and two renovated 1-bedroom units. All apartments have been updated with modern finishes and are fully leased, providing immediate cash flow with minimal maintenance. Located in Binghamton's highly desirable West Side, just minutes from Binghamton University and Downtown, the property benefits from consistent demand from students and young professionals. Strong in-place income, stable occupancy, and future rent growth potential make this an exceptional opportunity for investors seeking a low-maintenance, income-producing multifamily asset, whether expanding a portfolio or completing a 1031 exchange.

Located in Binghamton's highly sought-after West Side, 3 Arthur Street sits in one of the region's strongest rental markets. Just minutes from Binghamton University, Downtown Binghamton, major employers, and Interstate 81, the property benefits from consistent demand from students, young professionals, and the local workforce. Residents enjoy walking access to restaurants, coffee shops, shopping, parks, entertainment, and public transportation, making this a premier location that supports high occupancy, stable cash flow, and long-term rent growth.

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