Property summary
This exceptional 20-unit multifamily property in Endicott, NY, presents a compelling investment opportunity. Strategically located on Hooper Road, within the desirable Maine Endwell School District, this complex benefits from high daily traffic counts (15,357 on Hooper Rd and 7,351 on Watson Blvd). Its prime location offers easy access to major transportation arteries, including the George F Highway and I-86 interchange, and is just minutes from Maine Endwell High School. The property comprises nine three-bedroom units and eleven two-bedroom units, providing a diverse rental mix. Convenience is maximized with each unit featuring its own furnace and water heater. Furthermore, sixteen drive-in garages are available, with four units offering the added benefit of basement storage. Recent renovations (within the past two years) have significantly enhanced the property's value. Eighteen units have received brand new flooring, updated kitchens, and modernized bathrooms, ensuring a high standard of living for tenants. This meticulously maintained complex offers a strong potential for rental income and capital appreciation, making it an ideal addition to any investment portfolio. The property's central location and proximity to key transportation routes guarantee consistent tenant demand and long-term stability. This is a rare opportunity to acquire a well-maintained, high-traffic multifamily property in a rapidly developing area.
Property profile
VerifiedCap rate & NOI
Current use
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Training Center Sports School
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Advertising Agency Marketing & Advertising
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Endicott market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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