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Duplex with Detached Garage
New
For Sale
$150,000

901 Monroe Street, Endicott, NY 13760

The two apartments provide different bedroom configurations, with central air and a detached garage serving the property.

Property Size1,541 SF
Price / SF$97.34
Days on Market6

Property Features for 901 Monroe Street

General Information

Standard status Active
Size 1,541 SF
Total Parking Spaces 2
Property subtype Residential Income
Zoning UMF, UMF

Units

Unit Mix 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,292

Amenities

central air
Other
See Remarks
Mature Trees/Landscape
Porch

Building Details

Building Size 1,541 SF
Year Built 1910
Buildings 1
Units 2
Listing Agency: EXIT REALTY HOMEWARD BOUND
Listed By: John J. Farrell · License #30FA0760806
Source: Gehlcorealty
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 3:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXIT REALTY HOMEWARD BOUND

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Investment Insights

Based on property information with market context.

This 1,541-square-foot duplex contains two apartments: one with three bedrooms and one with two. Both have one bathroom. Improvements include a refreshed kitchen and bathroom, plus new flooring on the first floor. Central air and a detached two-car garage are also part of the property.

The building dates to 1910 and is zoned UMF. It falls within Endicott’s municipal electric district and is near shopping and transportation.

Key Highlights

  • Two apartments: one 3‑bedroom, 1‑bath unit and one 2‑bedroom, 1‑bath unit
  • 1,541 square feet; built in 1910
  • Detached two‑car garage and central air

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,770
Cap Rate
9.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,400 $275.4K
Cap Rate 7%
$196,714 $196.7K
Cap Rate 9%
$153,000 $153.0K
Market Conditions
NOI Build-Up for 1,541 SF
Gross rent
$21.3K $13.80/SF
− Vacancy
−$1.6K −$1.04/SF
EGI
$19.7K $12.77/SF
− OpEx
−$5.9K −$3.83/SF
NOI
$13.8K $8.94/SF
Area
Broome County, NY
Vacancy
7.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$275,400
Cap Rate 7%
$196,714
Cap Rate 9%
$153,000

Alternative Uses

Best Use
Multifamily LT 5
$196.7K
$172.1K – $229.5K (±1% cap)
NOI $13,770 @ 7.0% cap · market cap 9.18%
Second Best
Apartment 5plus
$183.4K
$160.5K – $214.0K (±1% cap)
NOI $12,838 @ 7.0% cap · market cap 8.56%
Theoretical Best
Office A
$382.3K
$334.5K – $446.0K (±1% cap)
NOI $26,762 @ 7.0% cap · market cap 17.84%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,026
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The two apartments provide different bedroom configurations, with central air and a detached garage serving the property.
Where is this duplex located?
The property is located at 901 Monroe Street Endicott, NY.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Two apartments: one 3‑bedroom, 1‑bath unit and one 2‑bedroom, 1‑bath unit; 1,541 square feet; built in 1910; Detached two‑car garage and central air
More about this property
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