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Duplex with Private Basements
For Sale
$299,000

1701 Watson Boulevard, Endicott, NY 13760

MULTI_FAMILY - ENDICOTT, NY

Property Size2,184 SF
Price / SF$136.90
Days on Market160

Property Features for 1701 Watson Boulevard

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning res
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 6, Bathroom 1, Bathroom 2, Basement, Bedroom 4, Bedroom 5
Patio and Porch features Deck
Exterior features COVERED DECK, DECK OPEN, SHED
Appliances RANGE/STOVE, REFRIGERATOR
Subdivision Endicott Land Co Sub Plot
Lot features G E N E R A L L Y L E V E L
Elementary school George F. Johnson
Elementary school district Union Endicott
Middle school district Union Endicott
High school district Union Endicott
Directions Corner of Watson Blvd and N. Roosevelt. Front door on N Roosevelt.
Standard status Active
APN 034601-141-019-0006-020-000-0000
Size 2,184 SF

Utilities

Heating system Forced Air
Water source Public

Amenities

private basements
decks
eat-in kitchens
storage

Building Details

Year built 1986
Number of units 2
Flooring type Vinyl
Building materials Vinyl Clad Aluminum
Architectural style Other
Listing Agency: KELLER WILLIAMS REALTY GREATER BINGHAMTON
Listed By: Erin C. Whited
Added: Feb 25 Changed: Aug 3 Last Checked: Aug 4 at 8:06PM
MLS# 334777

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 fully occupied duplex on a corner lot offers two spacious apartments with three bedrooms and one bathroom each. Both units include huge private basements for added storage, along with spacious eat-in kitchens. Exterior features include two decks—one for each unit—plus an additional shed on site.

The property provides separate utilities, which can support independent day-to-day living for each unit. A second-floor kitchen has been completely remodeled, and the home has fresh paint with new flooring throughout. Heating is forced air, and the property is served by public water. Construction is vinyl clad aluminum, with vinyl flooring noted throughout.

Tenants are in place, and both leases extend until August of 2026. Built in 1986, the duplex totals 2,184 square feet.

Key Highlights

  • Fully occupied duplex on a corner lot with separate utilities
  • Two apartments with three bedrooms and one bathroom each
  • Huge private basements for each unit with lots of storage

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 $30.1k $13.80
− Vacancy −$2.3k −$1.04
EGI $27.9k $12.77
− OpEx −$8.4k −$3.83
NOI $19.5k $8.94
2,184 SF · lease $13.80/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$278.8K
$243.9K – $325.3K (±1% cap)
NOI $19,515 @ 7.0% cap · market cap 6.53%
Second Best
Apartment 5plus
$259.9K
$227.4K – $303.3K (±1% cap)
NOI $18,195 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$541.8K
$474.1K – $632.1K (±1% cap)
NOI $37,928 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Daycare Center Furniture & Home Goods Locksmith Electrical Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

785
Businesses Nearby

Demographics for 13760, NY

44,153
Population
20,988
Households
2.1
Avg Household Size
44
Median Age
34%
College-Educated
93%
High-School Grad
49.3 sq mi
ZIP Area
896
Density / Sq Mi
$63,242
Median Household Income
$41,939
Median Earnings
$883
Median Rent
$150,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied duplex on a corner lot with separate utilities, private basements, and separate covered and open decks.
Where is this duplex located?
The property is located at 1701 Watson Boulevard Endicott, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Fully occupied duplex on a corner lot with separate utilities; Two apartments with three bedrooms and one bathroom each; Huge private basements for each unit with lots of storage
More about this property
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