83 Grand Ave

83 Grand Avenue, Johnson City, NY

$490,000

Price

8.32%

Cap Rate

0.16 acres

Lot Area

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Street
Map
Overview
Cap Rate
8.32%
Lot Area
0.16 acres
Units
5
Year Built
1970
Floors
3
Description

Introducing a recently renovated 5-unit apartment complex in Johnson City, NY, perfectly poised to seize opportunities in a rapidly growing area. With the State University of New York and UHS expanding in the vicinity, and the Pharmaceutical School already operational, this location offers prime access to education and healthcare developments. Boasting a highly walkable score of 76 and situated within a mile of Oakdale Commons, residents enjoy convenient access to dining, shopping, and amenities. These meticulously updated units feature high-end finishes, completely separated utilities and off-street parking, presenting an exceptional investment opportunity.


Ideally positioned to thrive in a rapidly growing area, this property benefits from its proximity to the evolving developments of the State University of New York and the expanding campuses of UHS in Johnson City. With the Pharmaceutical School already operational and new facilities in the pipeline, this location offers unparalleled access to education and healthcare opportunities. Boasting a walkable score of 76, it stands within walking distance of Oakdale Commons, ensuring convenient access to an array of dining, shopping, and amenities.


- 3,648 SF building with 5 modern, recently renovated units
- High-end finishes and turnkey opportunity for seamless investment
- Off-street parking for tenant convenience
- Separate utilities.
- Walking distance to the New University and the UHS Campus

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