1104 Monroe St.
$309,000
1104 Monroe Street, Endicott, NY 13760
10.51
Cap Rate
4,852 sqft
Building Size
Details:
Description:
This well-located 6-unit property is now available for sale in the heart of Endicott, NY, known as the birthplace of IBM and Endicott Johnson Shoes. Situated in a rapidly developing area, fueled by the arrival of a new Battery Manufacturer and Solar Manufacturer, the property is positioned to benefit from significant local growth. Centrally located and within walking distance to Washington Avenue, BAE Systems, the Huron Campus, and IM3, it offers both convenience and strong investment potential. Located in a Federal Opportunity Zone, the building includes 4 one-bedroom units, 1 two-bedroom unit, and 1 four-bedroom unit, offering excellent cash flow opportunities.
Endicott, NY, the birthplace of IBM and Endicott Johnson Shoes, is experiencing significant growth with the arrival of a new Battery Manufacturer and Solar Manufacturer, both expected to bring a wave of new jobs to the area. This property is perfectly positioned to take advantage of the area's rapid expansion, located within walking distance to Washington Avenue, BAE Systems, IM3, and the Huron Campus. Centrally located in the Endicott market, the property has a walkability score of 84 and is situated in a Federal Opportunity Zone, making it an outstanding investment opportunity in this growing community.
This is in a Federal Opportunity Zone
Very walkable score of 84
Walking distance to Washington Ave. BAE Systems, the Huron Campus and IM3
In a rapidly developing area.
Documents:
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