NOT LISTED FOR SALE

322 W Franklin St Endicott, NY 13760

6 Beds
6 Baths
4,176 Sq Ft
10,019 Sq Ft Lot Lot

Sale Details

Date Sold: February 16, 2026

Last sale price $340,000 $81 Per Sq Ft

302 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot
  • Covered Patio or Porch

About This Home

As of February 2026

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.

Last Agent to Sell the Property

James Lucenti

INNOVATIVE COMMERCIAL ADVISORS License #10401302147 Listed on: 07/19/2025

Last Buyer's Agent

MD Hussain

ENTER GROUP License #10491214050

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,395

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 45 x 230
  • Level Lot

Home Design

  • 4,176 Sq Ft Home
  • Stucco

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Ann G. Mcguinness Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Municipal Utilities District
  • Gas Water Heater

Additional Features

  • Range
  • Covered Patio or Porch
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 034601-156-012-0002-006-000-0000

Community Details

Overview

  • 6 Units
  • Hc Clarkes Sub/Day & Mercerea Subdivision

Building Details

  • 7 Separate Electric Meters
  • 5 Separate Gas Meters
  • Insurance Expense $1,614
  • Water Sewer Expense $1,743
  • Gross Income $60,780
  • Net Operating Income $35,525

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,395

Year Built

Built in 1971

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 45 x 230
  • Professional Management Expense: 4895.0
  • Ownership: OWNER
  • Subdivision Name: Hc Clarkes Sub/Day & Mercerea
  • Directions: Rte 26 headed north, pass Cider Mill on left, turn left on Franklin. Property is on the left. You can park in the back or on the road.
  • Above Grade Finished Sq Ft: 4176.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1971
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Flooring: Hardwood, Vinyl
  • Living Area: 4176.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Stucco
  • Exterior Features: Porch
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Parking Features: None

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Municipal Utilities
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 3162.0
  • Annual Water Sewer Expense: 1743.0

Schools

  • Elementary School: Ann G. McGuinness
  • Junior High Dist: Union Endicott

Lot Info

  • Parcel #: 034601-156-012-0002-006-000-0000
  • Zoning Description: USF-Com 1-411
  • Zoning: USF-Com 1-411

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 132.0
  • Annual Gross Income: 60780.0
  • Insurance Expense: 1614.0
  • Property Net Operating Income: 35525.0
  • Annual Operating Expense: 22321.0
  • Total Actual Rent: 58680.0
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 5

Tax Info

  • Tax Annual Amount: 9395.0
  • Tax Book Number: 156.12-2-6
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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
02/16/2026 02/16/26 Sold $340,000 0.0% $81 / Sq Ft
07/19/2025 07/19/25 For Sale $340,000 -- $81 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,657 $6,700 $650 $6,050
2024 $6,379 $6,700 $650 $6,050
2023 $6,250 $6,700 $650 $6,050
2022 $6,237 $6,700 $650 $6,050
2021 $6,082 $6,700 $650 $6,050
2020 $8,724 $6,700 $650 $6,050
2019 $0 $6,700 $650 $6,050
2018 $5,806 $6,700 $650 $6,050
2017 $5,696 $6,700 $650 $6,050
2016 $5,593 $6,700 $650 $6,050
2015 -- $6,700 $650 $6,050
2014 -- $6,700 $650 $6,050
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2026

    James Lucenti

    INNOVATIVE COMMERCIAL ADVISORS

    11 in this area

    97 Total Sales

    James Lucenti
    Section Image
  • MD Hussain

    Buyer's Agent in 2026

    MD Hussain

    ENTER GROUP

    (607) 327-2747

    25 in this area

    72 Total Sales

    MD Hussain
    Section Image
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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 332093

New York Broome County Endicott 13760

322 W Franklin St, Endicott, NY

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