1408 E Main Street

Description:

Offered for sale is a 6-unit multifamily asset located along East Main Street in Endicott, New York, a well-traveled corridor with consistent demand and convenient access to surrounding amenities. Positioned directly adjacent to a Dunkin' location and within close proximity to Route 26 and public transportation routes, the property benefits from strong tenant accessibility and day-to-day convenience.

The building features a diverse unit mix consisting of one-, two-, and three-bedroom apartments, allowing for broad tenant appeal and leasing flexibility. Each unit is separately metered for electric and includes electric baseboard heating along with individual hot water heaters, creating a streamlined utility structure. Tenants are responsible for their own electric usage, while the landlord currently covers gas, water, sewer, and garbage.

With in-place income and a manageable operating profile, the property presents a straightforward investment opportunity. The combination of location, unit mix, and utility configuration supports stable occupancy, while offering the potential to further optimize expenses and improve overall returns.

 


1408 East Main Street is positioned along one of Endicott’s primary commercial corridors, offering strong visibility and direct connectivity throughout the Village of Endicott and surrounding communities. East Main Street serves as a key east-west route, linking residential neighborhoods with retail, service, and employment centers.

The property benefits from immediate access to Route 26, providing efficient travel to Binghamton, Johnson City, and other parts of Broome County. Public transportation is readily available along Main Street, supporting consistent tenant demand and accessibility.

Surrounding the property is a mix of established local businesses and national retailers, including Dunkin', contributing to steady foot traffic and convenience for residents. The area continues to benefit from ongoing regional investment and a stable rental base, making it a reliable multifamily location within the Southern Tier.



6-unit multifamily property with a diverse unit mix of 1,2 and 3-bedroom apartments
Located on East Main Street with strong visibility and direct access to Route 26
Adjacent to Dunkin' and near established retail and service amenities
Separately metered electric with baseboard heat and individual hot water heaters in each unit
Tenants responsible for electric, supporting a simplified operating structure
In-place income with opportunity to improve expense efficiency and overall returns

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