307 Garfield Ave, Endicott, NY 13760

This exceptional 11-unit multifamily property located at 307 Garfield Ave, Endicott, NY presents a compelling investment opportunity. The property consists of two buildings: a seven-unit front building and a four-unit rear building, totaling 18 bedrooms. Currently boasting 100% occupancy, this well-managed complex generates a substantial gross annual rent of $84,600. Most appliances are less than three years old, ensuring minimal immediate maintenance needs. The property benefits from a recently installed new electric service, enhancing efficiency and reliability. While utilities for the front building are currently included in the rent, they can be easily separated to increase profitability. Annual utility costs are $16,000. This prime location near the UE school, local stores, and restaurants ensures high tenant demand and consistent rental income. The property offers significant potential for increased revenue through utility separation and future rent adjustments. This is a turnkey investment ready to generate immediate returns. The asking price is $1,375,000. This is a rare opportunity to acquire a stable, high-performing multifamily property in a desirable location. Don't miss out on this chance to add a valuable asset to your investment portfolio.