Newer gas boilerOperational radon mitigation systemNew flooringNew kitchen
Rare 11.5% cap rate on a fully leased 5-unit investment property — two buildings, one parcel, 14 bedrooms total! The 4-unit front building offers two oversized 3BR/1.5BA lower apartments at $1,500 each and two 2BR/1BA upper units renting below market — built-in upside at turnover. Out back, a completely renovated 4BR/2BA single-family home with new kitchen, new flooring, newer gas boiler and operational radon mitigation system, already leased at $1,700/mo. $76,800 scheduled gross income with minimal owner expenses: tenants pay heat, electric, gas and trash — landlord covers only water/sewer and insurance. Six electric meters and two gas meters. Off-street parking for 10 vehicles. Convenient Union-Endicott location close to shopping, restaurants and public transit. Long-term leases in place; financials available. Turnkey cash flow with room to grow — a portfolio-grade income property in the heart of Endicott. Schedule your showing today!
8 days
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148
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Zillow last checked:
Listing updated:
Listed by:
HOWARD HANNA607-754-2600,
Keith Arnold
Source: GBMLS,MLS#: 336974Originating MLS: Greater Binghamton Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 14
Bathrooms: 6
Full bathrooms: 6
1/2 bathrooms: 2
Heating
Baseboard
Cooling
Wall/Window Unit(s)
Appliances
Included: Electric Water Heater, Range, Refrigerator
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