For Sale
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Property summary
This exceptional 7-unit apartment building presents a compelling investment opportunity in Endicott, NY. Located at 42-46 Jackson Avenue, this 3,780 square foot property boasts a strong NOI of $56,377 and a compelling 10.74% cap rate, making it an attractive addition to any portfolio. Built in 1965 and situated on a 0.11-acre lot, the property features a mix of unit sizes including two 3-bedroom units, four 1-bedroom units, and one studio apartment. Recent renovations have updated the amenities and finishes, ensuring strong rental income potential. The property's prime location offers convenient access to the Huron Campus and the new IM3 Battery Manufacturer, benefiting from the revitalization of Endicott, a historically significant area experiencing a resurgence with new manufacturing and research initiatives, including a recent $160 million R&D grant. This strategic location, coupled with its designation as a Federal Opportunity Zone, further enhances its investment appeal. The building's spacious and recently renovated units, combined with its strong rental income and prime location, make this a truly exceptional investment opportunity. The asking price is $549,000.
Property profile
VerifiedCap rate & NOI
Location
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
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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