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12 Margaret St

$250,000

12 Margaret Street, Johnson City, NY 13790

Active
Last Updated: 03/25/2025

8.65

Cap Rate

14,100

NOI

Details:
Cap Rate:    8.65%
NOI:    $14,100
Building Size:    4,452 sqft
Lot Area:    0.15 acres
Units:    5
Occupancy:    95%
Year Built:    1960
Zoning:    Urban Single Family
Floors:    3
Description:

Offered for sale is this large 5 unit building in Johnson City, NY. Excellent setup for students. This is an excellent location to take advantage of the rapid changes in Johnson City. This is on Margaret Street in Johnson City. Very close to Floral Avenue and Main Street. Near the Johnson City arch. This is walking distance to the SUNY and Public bus lines. The building has one very large 2 bed unit and 4 spacious 1 Bed units. This building has off street parking, garages nd laundry. All units are leased well below market rents.


This is an excellent location to take advantage of the rapid changes in Johnson City. This is on Margaret Street in Johnson City. Very close to Floral Avenue and Main Street. Near the Johnson City arch. This is walking distance to the SUNY and Public bus lines. 


5 Unit Building
Excellent location for Student Housing
Walking distance to SUNY and Public Bus Lines.
Near Floral Ave and Main St.

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