322 W Franklin Street, Endicott, NY 13760
Local realty services provided by:CENTURY 21 Jackson Real Estate
Listed by: james lucenti
Office: innovative commercial advisors
MLS#:332093
Source:NY_GBAR
Price summary
- Price:$340,000
- Price per sq. ft.:$81.42
About this home
Back on the market due to buyer default, this well-maintained 4,176 SF, 6-unit multifamily building presents a high-yield investment opportunity in the rapidly growing Endicott market. Built in 1971 and located in the desirable Urban Single-Family (USF) Zone, the property offers strong cash flow, stable tenancy, and long-term appreciation potential. Each unit attracts quality tenants and supports a solid rental history, with one vacancy offering immediate lease-up or value-add upside. Recent upgrades include updated electrical, Municipal Electric for lower tenant costs, and a new coin-operated laundry system generating additional income. Tenants pay electric; landlord pays heat. Financial highlights include a 10% cap rate, 1.57 DSCR, and a $350,000 appraisal, with an inspection report and loan opinion letter from Dansker Capital Group available upon request, making this a turnkey, income-producing multifamily asset in one of Endicott’s most promising submarkets.
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Home facts
- Year built:1971
- Listing ID #:332093
- Added:147 day(s) ago
- Updated:December 13, 2025 at 03:43 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Living area:4,176 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1971
- Building area:4,176 sq. ft.
Schools
- Elementary school:Ann G. McGuinness
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$340,000
- Price per sq. ft.:$81.42
- Tax amount:$9,395
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