Municipal and street parkingProminent corner location
SOLID MIXED-USE building in Endicott's PRIME Municipal Business district! Income, visibility, and huge potential all in one! This opportunity gives an investor or owner-occupant the rare ability to control a prominent corner location while benefiting from built-in residential + commercial cash flow. The 2nd FL is rented w/ four 1-bedroom apartments at $1,100/month each, creating immediate income. The 1st FL commercial space is positioned for strong exposure & is projected at $2,000+/month. The 3rd Floor commercial/warehouse space adds another $1,000+/month of potential. Ideal setup for a business owner who wants to occupy the first floor & let the upper units help carry the property. Municipal electric offers low operating costs. 7 separate electric meters, 3 separate gas meters, 1 water. Strong pro forma cap rate @ 13%, multiple income streams, & a location that works for both commerce & investment make this a standout building. Municipal & street parking. Some photos virtually staged
85 days
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43
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Zillow last checked:
Listing updated:
Listed by:
4HG Real Estate607-201-8904,
Michele L DePrato
Source: GBMLS,MLS#: 335597Originating MLS: Greater Binghamton Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Full bathrooms: 4
1/2 bathrooms: 3
Heating
Forced Air, Radiant
Cooling
None
Appliances
Included: Gas Water Heater, Oven, Range, Refrigerator
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