310 Main StEndicott, NY 13760

This exceptional 14-unit apartment building, located at 310 E Main St, Endicott, NY 13760, presents a compelling investment opportunity. Boasting a total of 7,072 square feet on a 0.27-acre lot, this property offers 100% occupancy and a strong net operating income (NOI) of $81,604, translating to a 10.20% capitalization rate. Each of the 14 one-bedroom units is priced at $57,143, contributing to the overall asking price of $799,999 ($113 per square foot). Constructed in 1970, the building benefits from ample off-street parking, a significant advantage in this thriving market. Situated on Main Street, this property enjoys exceptional visibility and accessibility, with a daily traffic count exceeding 25,000 vehicles. Its strategic location provides easy access to major roadways including Route 17C, NYS Route 26, and I-86. The property is in a rapidly developing area, benefiting from the growth spurred by new battery and solar manufacturers, adding to its long-term investment potential. Please note: This property must be purchased as a package with 1104 Monroe Ave. The building is located within a municipal electric zone.