514 Davis Ave
- New roof installed in 2024, reducing near-term capital requirements and improving long-term stability
- 7-unit property with a diversified mix of four 1BR, one 3BR, and two studio units
- Positioned directly across from Ideal Senior Living Center, supporting consistent tenant demand
- Close proximity to BAE Systems and the Huron Campus, key regional employment drivers
- Views of the Susquehanna River valley provide added tenant appeal
- Convenient Endicott location with access to retail, services, and transportation
- Functional layout with a stable in-place rental profile
- Opportunity to increase rents and improve overall returns over time
Property Description
514–516 Davis Street presents a 7-unit multifamily investment opportunity in a highly accessible Endicott location, directly across from Ideal Senior Living Center. The property has undergone meaningful recent improvements, including a new roof on the front building completed in 2024, reducing near-term capital exposure and enhancing long-term durability. The unit mix consists of four 1-bedroom apartments, one 3-bedroom unit, and two studios, offering a diversified income stream that appeals to a broad tenant base. Positioned near major employment drivers such as BAE Systems and the Huron Campus, the property benefits from consistent rental demand. Combined with its recent upgrades and stable configuration, this asset offers a strong foundation for both reliable cash flow and future growth.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $370,000 |
| No. of Units: | 7 |
| Year Built: | 1960 |
| Lot Size: | 0.17 Acres |
| Opportunity Zone: | No |
| Price per unit: | $52,857 |
| Property Website | Click Here |
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