NOT LISTED FOR SALE

1408 E Main St Endicott, NY 13760

23 Beds
10 Baths
8,264 Sq Ft
1970 Built

Last Sold October 23, 2024

Last sale price $310,000 $38 Per Sq Ft

1 Day on Market

Highlights

  • Tile Flooring
  • Forced Air Heating System
  • Level Lot

About This Home

As of October 2024

SVN presents a lucrative investment opportunity with this 10-unit complex situated on Main Street in Endicott. Conveniently located right next to Dunkin, the property provides easy access to Rte 26 and is on the bus line. The front house comprises six units, offering a mix of 1, 2, and 3 bdrm. The back house currently stands vacant due to code violation. Specifically, the front porch/balcony of the back house requires reconstruction to meet code standards, rendering it temporarily uninhabitable. Back house presents a substantial income boost once renovated. Each unit features separate electric (tenant pays). Electric baseboard heat front house, rear has force hot hair (gas) and separate hot water heaters for each unit. Landlord pays, gas, water, sewer, and garbage. This property represents a value-add opportunity, inviting prospective investors to bring their renovation ideas to the table. Contact your favorite real estate agent today to schedule a showing.

Last Agent to Sell the Property

James Lucenti

INNOVATIVE COMMERCIAL ADVISORS License #10401302147 Listed on: 03/12/2024

Last Buyer's Agent

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,303

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 40 x 150
  • Level Lot

Home Design

  • 8,264 Sq Ft Home
  • Vinyl Siding

Kitchen

  • Range

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 23 Bedrooms
  • 10 Full Bathrooms

Schools

  • George F. Johnson Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 034601-157-011-0001-027-000-0000

Community Details

Overview

  • 10 Units

Building Details

  • 10 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $2,850
  • Water Sewer Expense $5,750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,303

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 40 x 150
  • Professional Management Expense: 6450.0
  • Ownership: OWNER
  • Directions: Located on Main Street in Endicott next to Dunkin, near Union Endicott High School
  • Above Grade Finished Sq Ft: 8264.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1970
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Full Bathrooms: 10
  • Total Bedrooms: 23
  • Flooring: Carpet, Tile, Vinyl
  • Living Area: 8264.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 1425.0
  • Annual Water Sewer Expense: 5750.0

Schools

  • Elementary School: George F. Johnson
  • Junior High Dist: Union Endicott

Lot Info

  • Parcel #: 034601-157-011-0001-027-000-0000
  • Zoning Description: Comm
  • Zoning: Comm

Multi Family

  • Number Of Units Total: 10
  • Insurance Expense: 2850.0
  • Number Of Separate Electric Meters: 10
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 11303.0
  • Tax Book Number: 157.11-1-27

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2024 10/23/24 Sold $310,000 +3.7% $38 / Sq Ft
03/27/2024 03/27/24 Price Changed $299,000 -14.6% $36 / Sq Ft
03/12/2024 03/12/24 For Sale $350,000 -- $42 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    James Lucenti

    INNOVATIVE COMMERCIAL ADVISORS

    10 in this area

    96 Total Sales

    James Lucenti
    Section Image
  • Scott Warren

    Buyer's Agent in 2024

    Scott Warren

    INNOVATIVE COMMERCIAL ADVISORS

    (607) 768-8568

    26 in this area

    134 Total Sales

    Scott Warren
    Section Image
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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 324773

New York Broome County Endicott 13760

1408 E Main St, Endicott, NY

Not Listed for Sale

MultiFamily

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