59 Grand Ave.
$625,000
59 Grand Avenue, Johnson City, NY 13790
8.07
Cap Rate
50,419
NOI
Details:
Description:
Exceptional Investment Opportunity! This fully leased, turnkey 8-unit building is perfectly positioned to benefit from Johnson City's growing developments. Located within walking distance of the cutting-edge Pharmaceutical Campus and the expansive UHS medical complex, this property is ideally suited for students, faculty, and traveling nurses.
Each of the 8 one-bedroom units offers a desirable setup for tenants, complemented by on-site laundry facilities, off-street parking, and additional garage stalls that present the potential for extra income. This well-maintained property is a smart choice for investors looking to capitalize on the area's development and high rental demand.
Located in the heart of Johnson City's rapidly growing community, these buildings offer a prime position to capitalize on the area's exciting new developments. Just a short walk away, you'll find the state-of-the-art Pharmaceutical Campus, the expansive UHS medical complex, and more upcoming campuses, making this location ideal for investment or redevelopment opportunities.
Prime location near Johnson City developments, including the Pharmaceutical Campus and UHS medical complex.
Fully leased 8-unit building with one-bedroom units ideal for students, faculty, and traveling nurses.
On-site laundry facilities and off-street parking for tenant convenience.
Additional garage stalls offer potential for extra income.
Walking distance to major institutions driving high rental demand.
Turnkey investment opportunity in a thriving area poised for growth.
Documents:
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Location
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