1801 E Main St
- 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
Property Description
Presented to the market is a fully occupied 5-unit multifamily investment property in Endicott, NY. Offering 3,309 SF of rentable space, the asset combines historic character with thoughtful capital improvements, including updated electrical systems and a roof replaced approximately seven years ago. Currently generating $4,650 per month in gross rental income, the property provides immediate cash flow and stable in-place revenue for investors seeking a proven multifamily asset. The building has benefited from several key upgrades that help minimize near-term capital expenditures while supporting long-term operational efficiency and ownership stability. With a strong rental history and full occupancy, the property offers an attractive balance of dependable income and investment security. Strategically located along East Main Street, the property enjoys convenient access to shopping, dining, employment centers, and everyday services. The surrounding area continues to experience consistent rental demand driven by its established residential neighborhoods, accessibility, and connectivity to major transportation corridors throughout Broome County. This offering presents an opportunity to acquire a stabilized multifamily asset in one of the region's most active rental markets.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $256,500 |
| No. of Units: | 5 |
| Year Built: | 1965 |
| Lot Size: | 0.11 Acres |
| Opportunity Zone: | No |
| Price per unit: | $51,300 |
| Property Website | Click Here |
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