This well-maintained 6-unit apartment building offers 4,176 SF of rentable space in Endicott’s desirable Urban Single-Family (USF) zone, combining residential charm with investment upside. With a 10.45% Cap Rate, DSCR of 1.76, and GRM of 5.76, it presents a strong financial profile. The property features recent electrical upgrades, a coin-operated laundry system for added income, and is located in the Municipal Electric Zone, keeping utility costs low. Tenants enjoy a walkable location close to shops, restaurants, parks, public transit, the Endicott Performing Arts Center, Highland Park, and the historic Cider Mill—making this a standout opportunity in a growing community with long-term appreciation potential. Solid financials. Loan opinion letter from Dansker Capital Group available upon request.
Property website: https://buildout.com/website/1493016-sale