514 Davis Ave - Apartments FOR SALE


Endicott, NY 13760
$399,000 USD
607-621-0439
514 Davis Ave, Endicott, NY for Sale
$399,000 USD
Apartments - FOR SALE
1/23
null | 11.74% Cap Rate

514 Davis Ave
Endicott, NY 13760


HIGHLIGHTS

  • - 4,386 SF building with 7 units
  • - Ideal for multifamily/mid-rise investors
  • - Zoned USF for flexible use
  • - Located in a rapidly developing area, Endicott, NY.
  • - Strong potential for rental income
  • - New Roof in 2024

OVERVIEW

Discover an exceptional 7-unit complex located in the heart of Endicott, NY. Perfectly positioned to take advantage of the area's rapid growth, this multi-family property sits directly across from Ideal Nursing Home. Residents will enjoy stunning views of the Susquehanna River and the surrounding valley. The central location offers convenient access to major employers such as the new IM3 Gigafactory, BAE Systems, and the Huron Campus, all just minutes away. The complex includes four 1-bedroom units, one 3-bedroom unit, and two studios, providing a variety of living options to suit diverse needs. Additionally, a new roof was installed on the front house in 2024, ensuring long-term value and reduced maintenance for future owners. Experience a blend of scenic beauty and modern convenience at this property.

FOR SALE DETAILS

PRICE

$399,000 USD

PRICE/SF

$91 USD /SF

# OF UNITS

7

PRICE/UNIT

$57,000

CAP RATE

11.74%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

514-516 Davis Ave

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,508 SF

ZONING

USF

APN/PARCEL ID

034601-156-016-0005-042-000-0000

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.