Contacts

Lisberto Calvo

SVN | Innovative Commercial Advisors

(607) 725-2246

Property Details

Property Type Multi-Family
Property Size 5,720 SF
Units 4
Lot Size 2.2 Acre
Property Tenancy Multi-Tenant
Year Built 1940
Date Updated Apr 23, 2024

This location provides easy access to nearby amenities and is also in close proximity to a supermarket and Main street. Enjoy the simplicity of daily life with some local shops and dining options. Discover the comfort and accessibility this location offers.Presenting an exceptional investment opportunity! This property has four units, with three currently housing reliable tenants and a proven strong rental history. Recent renovations highlight the care invested in the property, including a complete bath remodel down to the studs in one unit just two years ago. The same unit features a modern kitchen upgrade from three years ago, complete with new appliances. Investors will find peace of mind in the property's newer roof tear off, ensuring long-term durability and minimizing maintenance concerns. It's essential to note that the fireplace in the property has been sealed off. Convenience is key for tenants, with washer and dryer hookups available for three units, and separate utilities for each, alleviating any owner burden except for water expenses. While the property promises a convenient location close to the main street, it needs to be mentioned that the fourth unit is much older than the main structure and is in distress and requires demolition. The demolition process has started and the asbestos abatement has been completed. As a result, this presents a cash-only sale opportunity. These recent improvements significantly enhance the overall appeal of the property, making it an even more attractive investment opportunity. Here's your chance to amp up your investment portfolio with a property that comes with a solid rental history and the potential for future returns. Don't let it slip away!

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Highlights

Three units currently rented
Bath remodel in one unit (2 years ago)
Kitchen upgrade in the same unit (3 years ago, new appliances)
Newer roof (Complete Tear off)
Sealed-off fireplace
Washer/dryer hookups in three units
Separate utilities (except for water)
Near main street and supermarket
Solid investment with upside returns

Getting around

60/100
Walk Score ®
52/100
Bike Score ®

Powered by Walk Score ®

City Endicott, NY
Zip Code 13760

Points of Interest

Speedway

0.79 miles
Speedway

1.46 miles
Manley's Mighty Mart

2.24 miles
Sunoco

2.27 miles
Kwik Fill

2.45 miles
Citgo

2.65 miles
Mirabito

3.45 miles
Speedway

3.51 miles
Speedway

4.50 miles
Mirabito

4.61 miles

Vestal Rail Trail

1.35 miles
Vestal Rail Trail

2.72 miles
Lot ZZ North

4.57 miles
Lot ZZ South

4.61 miles
Lot Z

4.68 miles
Lot I

4.76 miles
Lot M4

4.78 miles
Lot H

4.79 miles
Lot M3

4.81 miles
Lot M2

4.85 miles

North Street Motor Lodge

1.43 miles
Skylark Motel

1.53 miles
Endwell Motel

2.20 miles
Comfort Suites

3.82 miles
Homewood Suites

4.11 miles
Holiday Inn Express & Suites

4.17 miles
Candlewood Suites

4.17 miles
Hampton Inn & Suites Binghamton/Vestal

4.36 miles
Courtyard by Marriott

4.43 miles
Quality Inn & Suites

4.76 miles

Weis

0.60 miles
Price Chopper

0.70 miles
Big Lots

1.33 miles
ALDI

1.35 miles
Century 21

1.50 miles
Weis

2.45 miles
Walmart Supercenter

2.77 miles
TJ Maxx

2.80 miles
Target

3.40 miles
Price Rite

3.48 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

609 N Nanticoke Ave