Enhance your portfolio with this well-managed, 11-unit multi-family property. The front building has 7 units, while the back building contains 4 units. All units are fully occupied with long-term tenants. Gross income is $87,000 annually with rents that are well below market rate giving you the potential to increase. The front property features a new electric service, most appliances are under 3 years old, new roof on front building is contracted to start soon. Currently utilities for the front building are included in the rents but can be easily separated, utility costs $18,000. Centrally located just off I86 near UHS, stores & restaurants, this property offers a prime investment opportunity.
For sale
$995,700
307 Garfield Ave, Endicott, NY 13760
18beds
--baths
5,145sqft
Multi Family, Apartment
Built in 1970
-- sqft lot
$-- Zestimate®
$194/sqft
$-- HOA
What's special
New electric service
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