$435,000
$14K PRICE DROP

Estimated payment $3,071/month

Total Views 900
14 Beds
8 Baths
7,633 Sq Ft
$57 Price per Sq Ft

Highlights

  • Wood Flooring
  • Storm Windows
  • Cooling System Mounted To A Wall/Window
  • Covered Patio or Porch
  • Tandem Parking
  • Shed

About This Home

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. Call your agent today.

Listing Agent

Keith Arnold

HOWARD HANNA License #10301223975 Listed on: 07/15/2026

HOWARD HANNA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,197

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50 x 163
  • Level Lot

Home Design

  • Poured Concrete
  • Clapboard

Interior Spaces

  • 7,633 Sq Ft Home
  • Insulated Windows
  • Storm Windows
  • Range
  • Basement

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 14 Bedrooms

Parking

  • Tandem Parking
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Thomas J Watson Elementary School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 034601-157-011-0005-011-000-0000

Community Details

Overview

  • 5 Units
  • Endicott Land Co Subdivision

Building Details

  • 6 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Maintenance Expense $5,000
  • Water Sewer Expense $2,100
  • Gross Income $76,800
  • Net Operating Income $51,423

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,197

Year Built

Built in 1940

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 50 x 163
  • Professional Management Expense: 7680.0
  • Ownership: OWNER
  • Subdivision Name: Endicott Land Co
  • Directions: Main St to Adams Avenue; property on Adams between Main & Monroe
  • Above Grade Finished Sq Ft: 7633.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1940
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Multi-Family
  • Appliances: Electric Water Heater, Range, Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 14
  • Flooring: Hardwood, Laminate, Tile, Vinyl
  • Living Area: 7633.0
  • Window Features: Insulated Windows, Storm Window(s)

Exterior Features

  • Lot Features: Level
  • Construction Type: Clapboard
  • Exterior Features: Porch, Shed, Storm Windows/Doors
  • Foundation Details: Basement, Poured
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Parking Features: Parking Space(s), On Street, Tandem

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 2100.0

Schools

  • Elementary School: Thomas J Watson
  • Junior High Dist: Union Endicott

Lot Info

  • Parcel #: 034601-157-011-0005-011-000-0000
  • Zoning Description: Multi - 5 Units
  • Zoning: Multi - 5 Units

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 76800.0
  • Insurance Expense: 2400.0
  • Maintenance Expense: 5000.0
  • Property Net Operating Income: 51423.0
  • Annual Operating Expense: 25377.0
  • Total Actual Rent: 76800.0
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 8197.0
  • Tax Book Number: 157.11-5-11

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $8,648 $6,000 $1,000 $5,000
2024 $5,712 $6,000 $1,000 $5,000
2023 $5,597 $6,000 $1,000 $5,000
2022 $5,586 $6,000 $1,000 $5,000
2021 $5,447 $6,000 $1,000 $5,000
2020 $7,008 $6,000 $1,000 $5,000
2019 $0 $6,000 $1,000 $5,000
2018 $4,423 $6,000 $1,000 $5,000
2017 $4,347 $6,000 $1,000 $5,000
2016 $4,268 $6,000 $1,000 $5,000
2015 -- $6,000 $1,000 $5,000
2014 -- $6,000 $1,000 $5,000
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
08/03/2026 08/03/26 Price Changed $435,000 -3.1% $57 / Sq Ft
07/15/2026 07/15/26 For Sale $449,000 0.0% $59 / Sq Ft
10/31/2016 10/31/16 Rented $9,000 0.0% --
10/01/2016 10/01/16 Under Contract -- -- --
09/28/2016 09/28/16 For Rent $9,000 -- --
Source: Greater Binghamton Association of REALTORS®

Purchase 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 Type Sale Price Title Company
Warranty Deed $220,000 None Listed On Document
Interfamily Deed Transfer -- Lachman & Gorton
Deed $50,000 Robert Whalen
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $107,000 Seller Take Back
Previous Owner $50,000 New Conventional
Source: Public Records

Source: Greater Binghamton Association of REALTORS®

MLS Number: 336974

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