NY
Broome
Endicott
13760
322 W Franklin Street
322 W Franklin Street, Endicott, NY 13760
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Listing Type
Condo/Townhome
Listing Status
Active
44
$340,000

Home Details for 322 W Franklin Street

Price
$340,000
Type
Residential Income
Bedrooms
6
Bathrooms
Square feet
4176
Year built
1971
County
Broome
Garage
Days on site
141
MLS Listing#
332093
Property Description

Back on the market due to buyer default, this well-maintained 4,176 SF, 6-unit multifamily building presents a high-yield investment opportunity in the rapidly growing Endicott market. Built in 1971 and located in the desirable Urban Single-Family (USF) Zone, the property offers strong cash flow, stable tenancy, and long-term appreciation potential. Each unit attracts quality tenants and supports a solid rental history, with one vacancy offering immediate lease-up or value-add upside. Recent upgrades include updated electrical, Municipal Electric for lower tenant costs, and a new coin-operated laundry system generating additional income. Tenants pay electric; landlord pays heat. Financial highlights include a 10% cap rate, 1.57 DSCR, and a $350,000 appraisal, with an inspection report and loan opinion letter from Dansker Capital Group available upon request, making this a turnkey, income-producing multifamily asset in one of Endicott’s most promising submarkets.

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Property Features
  • Cooling Information
    • None
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • Utilities
    • Electricity Available
  • Parking
    • None
School Information
School Information for 322 W Franklin Street, Endicott, NY 13760
Elementary School
Ann G. McGuinness
Middle School
N/A
High School
N/A
Listing Courtesy: INNOVATIVE COMMERCIAL ADVISORS - 607-203-1826
Listing information provided in part by the Greater Binghamton Association of REALTORS®, Inc. MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright ©2025 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Great Binghamton AOR.
EXIT REALTY FRONT AND CENTER
1155 Front Street, Binghamton, NY 13905
Kregg Smith
License #: 10301223973
Associate Broker
Office
607 724 3948
Agent
607 235 6515
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