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13 Walnut St
Binghamton, NY 13905 Westside Binghamton

$255,000 USD

Multifamily For Sale  •  1,828 SF

Property Details

• Property Type Multifamily
• Total Building Size 1,828 SF
• Lot Size 0.08 AC
• Building Class C
• Year Built 1920
• Cap Rate 13.11 %
• Zoning R-3

30 Transit Score

60 Walk Score

Highlights

Desirable R-3 zoning

Stabilized pro forma NOI of $33,423 annually

Below the approximately $60,000-per-bed average for stabilized student housing in the market

Approximately 13% pro forma capitalization rate at the asking price

Property Flyers

13 Walnut St. - 2 Page Flyer 8.2026

Financial Summary (Proforma)

Net Operating Income: $33,423 USD (2026)

Cap Rate:	13.11 %
Total Expenses:	$16,167 USD

Amenities

• Refrigerator
• Oven
• Yard
• Lawn
• Pantry
• Porch