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Income-Producing Two-Family Corner Lot

111 S Page Avenue Endicott, NY 13760

Claim this Listing
For Sale
$155,000

MULTI_FAMILY - ENDICOTT, NY

Property size:
1,252 SF
Price / SF:
$123/SF
Added:
Apr 26, 2026
Days on Market:
78
Last Refresh:
Jul 12 at 8:06 pm

Property Features for 111 S Page Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
res
Bedrooms
2
Bathrooms
2
Rooms
Bathroom 2, Bedroom 2, Bedroom 1, Basement, Bathroom 1
Parking features
Garage
Patio and Porch features
Porch, Deck
Exterior features
COVERED PORCH, DECK OPEN, INSULATED WINDOWS, STORM DOORS, STORM WINDOWS
Appliances
RANGE/STOVE, REFRIGERATOR
Standard status
Active
APN
034601-156-016-0003-037-000-0000
Size
1,252 SF

Utilities

Heating system
Forced Air
Cooling system
Ceiling Fan(s)
Water source
Public

Building Details

Year built
1940
Number of units
2
Flooring type
Hardwood
Building materials
Vinyl
Architectural style
Other

Listing agent Erin C. Whited

Listing office KELLER WILLIAMS REALTY GREATER BINGHAMTON 49 Court Street Suite 300B Suite 300B, Binghamton, NY

Listing date Apr 26, 2026

MLS# 335485 Listing URL

Copyright © 2026 Greater Binghamton Association of Realtor. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This two-family property, situated on a corner lot in Endicott, NY, presents an investment opportunity. Located in the municipal electric district, the property benefits from lower utility costs. The property features a newer roof. A detached two-car garage provides additional income potential or off-street parking. Both units are currently occupied, offering immediate cash flow. The property is conveniently located near local amenities, shopping, and major roadways, in a stable rental area with consistent demand. The property size is 1,252 square feet.

Key Highlights

  • Income‑producing 2‑family on a corner lot with each unit currently occupied
  • Detached 2‑car garage offers additional parking or potential rental income
  • Insulated vinyl exterior with storm windows and storm doors

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $17.3k $13.80
− Vacancy −$1.3k −$1.04
EGI $16.0k $12.77
− OpEx −$4.8k −$3.83
NOI $11.2k $8.94
1,252 SF · lease $13.80/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$159.8K
$139.8K – $186.5K (±1% cap)
NOI $11,187 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$149.0K
$130.4K – $173.8K (±1% cap)
NOI $10,430 @ 7.0% cap · market cap 6.73%
Theoretical Best
Office A
$310.6K
$271.8K – $362.4K (±1% cap)
NOI $21,743 @ 7.0% cap · market cap 14.03%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm HVAC Service Daycare Center Bakery Barber Shop Computer & Electronic Repair Garden Center Storage Facility Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-family property on a corner lot in Endicott, NY.
Where is this duplex located?
The property is located at 111 S Page Avenue Endicott, NY.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Income‑producing 2‑family on a corner lot with each unit currently occupied; Detached 2‑car garage offers additional parking or potential rental income; Insulated vinyl exterior with storm windows and storm doors
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More about this property
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