$340,000
UNDER CONTRACT

322 W Franklin St Endicott, NY 13760

Estimated payment $2,575/month

Total Views 6,735
6 Beds
6 Baths
4,176 Sq Ft
$81 Price per Sq Ft

Highlights

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

About This Home

This well-maintained 6-unit apartment building offers 4,176 SF of rentable space in Endicott’s desirable Urban Single-Family (USF) zone, combining residential charm with investment upside. With a 10.45% Cap Rate, DSCR of 1.76, and GRM of 5.76, it presents a strong financial profile. The property features recent electrical upgrades, a coin-operated laundry system for added income, and is located in the Municipal Electric Zone, keeping utility costs low. Tenants enjoy a walkable location close to shops, restaurants, parks, public transit, the Endicott Performing Arts Center, Highland Park, and the historic Cider Mill—making this a standout opportunity in a growing community with long-term appreciation potential.

Solid financials. Loan opinion letter from Dansker Capital Group available upon request.

Property website:

Listing Agent

James Lucenti

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

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

0

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: 4224

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

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/19/2025 07/19/25 For Sale $340,000 -- $81 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Source: Greater Binghamton Association of REALTORS®

MLS Number: 332093

New York Broome County Endicott 13760

322 W Franklin St, Endicott, NY

Under Contract

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
James Lucenti
Section Image
INNOVATIVE COMMERCIAL ADVISORS