Sold for $340,000

$340,000

322 W Franklin St, Endicott, NY 13760

6beds

4,176sqft

Multi Family, Apartment

Built in 1971

-- sqft lot

$352,400 Zestimate^®

$81/sqft

$1,767 Estimated rent

Home value

$352,400

$300,000 - $416,000

$1,767/mo

Zestimate^® history

Owner options

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$1,767/mo

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$1,767/mo

Rent Zestimate^®

Refinance and save

$2,527/mo

Est. payment

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$2,527/mo

Est. payment

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What's special

Back on the market due to buyer default, this well-maintained 4,176 SF, 6-unit multifamily building presents a high-yield investment opportunity in the rapidly growing Endicott market. Built in 1971 and located in the desirable Urban Single-Family (USF) Zone, the property offers strong cash flow, stable tenancy, and long-term appreciation potential. Each unit attracts quality tenants and supports a solid rental history, with one vacancy offering immediate lease-up or value-add upside. Recent upgrades include updated electrical, Municipal Electric for lower tenant costs, and a new coin-operated laundry system generating additional income. Tenants pay electric; landlord pays heat. Financial highlights include a 10% cap rate, 1.57 DSCR, and a $350,000 appraisal, with an inspection report and loan opinion letter from Dansker Capital Group available upon request, making this a turnkey, income-producing multifamily asset in one of Endicott’s most promising submarkets.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 6

Heating

Forced Air

Cooling

None

Appliances

Included: Dryer, Gas Water Heater, Range, Refrigerator, Washer
Laundry: Washer Hookup, Dryer Hookup

Features

Flooring: Hardwood, Vinyl

Interior area

Total interior livable area: 4,176 sqft
Finished area above ground: 4,176

Property

Parking

Parking features: None

Features

Patio & porch: Covered, Porch
Exterior features: Porch

Lot

Size: 10,350 Square Feet
Dimensions: 45 x 230
Features: Level

Details

Parcel number: 03460115601200020060000000
Zoning: USF-Com 1-411
Zoning description: USF-Com 1-411

Construction

Type & style

Home type: MultiFamily
Architectural style: Multi-Family
Property subtype: Multi Family, Apartment

Materials

Stucco
Foundation: Basement

Condition

Year built: 1971

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Municipal Utilities

Community & HOA

Community

Subdivision: Hc Clarkes Sub/Day & Mercerea

Location

Region: Endicott

Financial & listing details

Price per square foot: $81/sqft
Tax assessed value: $6,700
Annual tax amount: $9,395
Date on market: 7/19/2025
Listing agreement: Exclusive Right To Sell
Ownership: OWNER
Total actual rent: 58680

Price history

Date	Event	Price
2/16/2026	Sold	$340,000$81/sqft
Source: GBMLS #332093 Report a problem
12/24/2025	Contingent	$340,000$81/sqft
Source: GBMLS #332093 Report a problem
12/1/2025	Listed for sale	$340,000$81/sqft
Source: GBMLS #332093 Report a problem
8/8/2025	Contingent	$340,000$81/sqft
Source: GBMLS #332093 Report a problem
7/19/2025	Listed for sale	$340,000$81/sqft
Source: GBMLS #332093 Report a problem