122 Washington Ave
- $6600/month or $79200/year proforma
- Mixed-use building with 4 residential units and 2 commercial spaces
- Four spacious 2-bedroom apartments
- Diversified income stream from residential and retail tenancy
- Approximately 4,575 SF on a 0.06-acre parcel
- Positioned along Washington Avenue in Endicott’s commercial district
- Close proximity to Huron Campus redevelopment and BAE Systems
- Strong visibility with consistent vehicle and pedestrian traffic
- Convenient access to Route 17/I-86 and surrounding Southern Tier markets
- Value-add potential through future renovations and rental growth
- Located within an established mixed-use and neighborhood retail corridor
Property Description
122 Washington Avenue presents an opportunity to acquire a mixed-use asset positioned within one of Endicott’s most established commercial corridors. The property consists of four residential apartments, each configured as 2-bedroom units, along with two ground-floor commercial spaces that provide diversified income streams and long-term operational flexibility. The building contains approximately 4,575 square feet and benefits from a highly visible location surrounded by neighborhood retail, service businesses, employment centers, and ongoing redevelopment activity throughout the Endicott market. The residential component supports consistent rental demand driven by proximity to major employers and regional amenities, while the commercial storefronts offer exposure along a heavily traveled corridor. The property is well suited for investors seeking a stable mixed-use asset with the ability to further increase value through strategic renovations, storefront repositioning, or future rental adjustments. Based on proforma projections, the property has the potential to generate approximately $6,600 per month, or $79,200 annually, in gross rental income. Its combination of residential density, commercial frontage, and central location positions the asset well within the broader Southern Tier investment market.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $315,000 |
| No. of Units: | 6 |
| Year Built: | 1980 |
| Lot Size: | 0.06 Acres |
| Opportunity Zone: | No |
| Price per unit: | $52,500 |
| Property Website | Click Here |
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