1801 E Main St - Apartments FOR SALE


Endicott, NY 13760
$257,500 USD
607-621-0439
1801 E Main St, Endicott, NY for Sale
$257,500 USD
Apartments - FOR SALE
1/18
null | Request Cap Rate

1801 E Main St
Endicott, NY 13760


HIGHLIGHTS

  • Fully leased 5-unit multifamily property with in-place cash flow
  • Located along East Main Street, a primary corridor in Endicott
  • Approximately 3,309 SF with a manageable unit count
  • Roof replaced approximately 7 years ago
  • Updated electrical systems reduce near-term capital needs
  • Strong rental demand supported by proximity to major employers. Stable, income-producing asset with straightforward operations

OVERVIEW

Presented to the market is a fully occupied 5-unit multifamily investment property in Endicott, NY. Offering 3,309 SF of rentable space, the asset combines historic character with thoughtful capital improvements, including updated electrical systems and a roof replaced approximately seven years ago. Currently generating $4,650 per month in gross rental income, the property provides immediate cash flow and stable in-place revenue for investors seeking a proven multifamily asset. The building has benefited from several key upgrades that help minimize near-term capital expenditures while supporting long-term operational efficiency and ownership stability. With a strong rental history and full occupancy, the property offers an attractive balance of dependable income and investment security. Strategically located along East Main Street, the property enjoys convenient access to shopping, dining, employment centers, and everyday services. The surrounding area continues to experience consistent rental demand driven by its established residential neighborhoods, accessibility, and connectivity to major transportation corridors throughout Broome County. This offering presents an opportunity to acquire a stabilized multifamily asset in one of the region's most active rental markets.

FOR SALE DETAILS

PRICE

$257,500 USD

PRICE/SF

$78 USD /SF

# OF UNITS

5

PRICE/UNIT

$51,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

GC

APN/PARCEL ID

034601-157-007-0004-037-000-0000

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.