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Investment Highlights

  • Fully leased 5-unit multifamily property with in-place cash flow
  • Approximately 3,309 SF with a manageable unit count
  • Updated electrical systems reduce near-term capital needs
  • Located along East Main Street, a primary corridor in Endicott
  • Roof replaced approximately 7 years ago
  • Strong rental demand supported by proximity to major employers. Stable, income-producing asset with straightforward operations

Executive Summary

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.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $257,500
Price Per Unit $51,500
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.11 AC
Building Size 3,309 SF
No. Stories 2
Year Built 1965
Opportunity Zone Yes
Zoning GC - 411 - Apartment...

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Bay Window
  • Crown Molding
  • Patio

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • Grill
  • Wi-Fi
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 5 - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
034601-157-007-0004-037-000-0000
Land Assessment
$1,000
Improvements Assessment
$4,200
Total Assessment
$5,200
  • Listing ID: 40316464

  • Date on Market: 4/28/2026

  • Last Updated:

  • Address: 1801 E Main St, Endicott, NY 13760

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