1801 E Main St - Apartments FOR SALE


Endicott, NY 13760
$279,000 USD
607-621-0439
1801 E Main St, Endicott, NY for Sale
$279,000 USD
Apartments - FOR SALE
1/10
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

Property Description Offered for sale is 1801 E Main Street, a fully leased 5-unit multifamily property located along one of Endicott’s primary commercial corridors. The property comprises approximately 3,309 square feet of rentable space and benefits from consistent in-place income, providing immediate cash flow for an incoming investor. The building blends classic character with practical updates, including a roof replaced approximately seven years ago and updated electrical systems. These improvements help reduce near-term capital requirements while supporting ongoing operational stability. Positioned on East Main Street, the property benefits from strong visibility, convenient access, and proximity to local retail, services, and employment centers. This location supports steady rental demand and long-term tenant retention within an established submarket. 1801 E Main Street presents a straightforward investment opportunity with stable occupancy, reliable income, and limited near-term capital exposure, making it well suited for investors seeking a manageable multifamily asset in a proven location. Location Description 1801 E Main Street is positioned along East Main Street in Endicott, one of the area’s primary commercial corridors connecting the Village of Endicott to neighboring communities including Johnson City and Binghamton. The location provides strong accessibility via a direct route to New York State Route 17 (I-86), supporting convenient regional connectivity. The surrounding area offers access to grocery stores, restaurants, and everyday services, reinforcing its appeal for tenants seeking convenience and accessibility. With its central position, established infrastructure, and connection to regional employment centers, the location supports steady multifamily performance and long-term occupancy.

FOR SALE DETAILS

PRICE

$279,000 USD

PRICE/SF

$84 USD /SF

# OF UNITS

5

PRICE/UNIT

$55,800

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.