105 Madison Ave - Apartments FOR SALE


Endicott, NY 13760
$345,000 USD
607-621-0439
105 Madison Ave, Endicott, NY for Sale
$345,000 USD
Apartments - FOR SALE
1/29
null | 9.74% Cap Rate

105 Madison Ave
Endicott, NY 13760


HIGHLIGHTS

  • 5, 1 Bed Units.
  • Excellent Location.
  • Walking distance to Washington Avenue.
  • Recently renovated and stabilized.
  • In a Federal Opportunity Zone.

OVERVIEW

Offered for sale is this newly renovated and stabilized 5 Unit building in Endicott, NY. This is an excellent location to take advantage of a rapidly developing area in Endicott, NY. Endicott is the birthplace of IBM. Recently a new Battery Manufacturer and a Solar Manufacturer were announce. This area will also benefit from a recently announced $160M research and development grant. This area was named as one of the 32 Technology hubs by the Biden Administration. This is walking distance to Washington Ave and is in a Federal Opportunity Zone.

FOR SALE DETAILS

PRICE

$345,000 USD

PRICE/SF

$84 USD /SF

# OF UNITS

5

PRICE/UNIT

$69,000

CAP RATE

9.74%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

105 Madison Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

multi

APN/PARCEL ID

034601-157-006-0009-005-000-0000

ASK ABOUT THIS PROPERTY

Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

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Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.