102-106 Main W St, Endicott, NY 13760

This exceptional investment opportunity presents a portfolio of four mixed-use buildings totaling 28,287 square feet in Endicott, NY. Located at 102-106 West Main Street, 310 East Main Street, 1104 Monroe Street, and 303 Robble Avenue, this portfolio comprises 33 units, including two commercial spaces. The properties boast a combined gross rent of $320,316, generating a substantial net operating income (NOI) of $182,179.17, resulting in a compelling 9.44% capitalization rate. Built in 1960, the portfolio sits on a 0.87-acre lot and offers a price per unit of $54,454 and a price per square foot of $18. The properties benefit from a high-traffic corner location on Main Street, with an average daily traffic count of 24,359 vehicles. One commercial space features a new AC unit and a long-term tenant. Residential rents are currently below market value, presenting significant upside potential. This package must be purchased as a whole. The asking price for this lucrative investment is $1,928,998. The area is experiencing significant growth due to recent additions of a battery manufacturer and a solar manufacturer. This portfolio represents a strong investment in a thriving market, with nearby amenities including the Cider Mill, McCoy's Chophouse, and George W. Johnson Park. The walkability score is 72. The properties are located in a municipal electric zone.