7 Avenue D - Storefront Retail/Residential FOR SALE


Johnson City, NY 13790
$595,000 USD
607-760-5001
7 Avenue D, Johnson City, NY for Sale
$595,000 USD
Storefront Retail/Residential - FOR SALE
1/28
null | 10.5% Cap Rate

7 Avenue D
Johnson City, NY 13790


HIGHLIGHTS

  • Fully renovated units with modern upgrades completed over the last three years.
  • Equipped with ductless split heating and cooling systems for energy efficiency.
  • Low operating expenses supported by updated electrical and mechanical systems.
  • Brick exterior for long-term durability and reduced structural upkeep.
  • Located in Johnson City with convenient access to local amenities and services.
  • Includes full basement foundation providing additional utility and storage space.

OVERVIEW

This six-unit apartment building offers a compelling opportunity for investors seeking steady income and minimal maintenance obligations. Recently renovated over the past three years, each apartment features modernized interiors and efficient ductless heating and cooling systems. Fully updated electrical and mechanical systems help reduce long-term operating costs. The property’s brick construction and full basement foundation ensure durability, while the public water and sewer connections ease management. Situated in Johnson City, the asset benefits from convenient access to major routes and local amenities, creating lasting tenant demand. With all units currently configured as income-generating apartments, this is a turn-key solution for investors looking for consistent cash flow and a respectable capitalization rate. One unit is available for showing immediately, making it suitable for owner-occupancy or leasing flexibility.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

10.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,650 SF

ZONING

OSD

APN/PARCEL ID

034603-143-057-0002-020-000-0000

ASK ABOUT THIS PROPERTY

Robert FarrellEXIT Realty Homeward BoundMore Info
607-760-5001

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Robert FarrellEXIT Realty Homeward BoundMore Info
607-760-5001

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