1104 Monroe St
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1104 Monroe St
6 Unit Block of Flats £258,209 (£43,035/Unit) 10.51% Net Initial Yield Endicott, NY 13760
Investment Highlights
- This is in a Federal Opportunity Zone
- Walking distance to Washington Ave. BAE Systems, the Huron Campus and IM3
- Very walkable score of 84
- In a rapidly developing area.
Executive Summary
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 3 one-bedroom units, 1 two-bedroom unit, and 1 four-bedroom unit, offering excellent cash flow opportunities. This property must be sold as a package with either 310 E Main St or 102-102 W Main St.
Property Facts
| Price | £258,209 | Apartment Style | Mid Rise |
| Price Per Unit | £43,035 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Net Initial Yield | 10.51% | Building Size | 4,852 SF |
| No. Units | 6 | Number of Floors | 3 |
| Property Type | Residential | Year Built | 1960 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Price | £258,209 |
| Price Per Unit | £43,035 |
| Sale Type | Investment |
| Net Initial Yield | 10.51% |
| No. Units | 6 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 4,852 SF |
| Number of Floors | 3 |
| Year Built | 1960 |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Kitchen
- Oven
- Range
- Tub/Shower
- Yard
- Porch
Site Amenities
- 24 Hour Access
- Walking/Biking Trails
- Public Transportation
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 1 | - | - |
| 4+1 | 1 | - | - |
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Walk Score ®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 034601-157-006-0006-034-000-0000 | Improvements Assessment | £3,286 |
| Land Assessment | £704 | Total Assessment | £3,990 |
PROPERTY TAXES
Parcel Number
034601-157-006-0006-034-000-0000
Land Assessment
£704
Improvements Assessment
£3,286
Total Assessment
£3,990
zoning
| Zoning Code | NC |
| NC |
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1104 Monroe St
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