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

146 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 332093

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