303 Robble Ave
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303 Robble Ave
5 Unit Block of Flats £234,734 (£46,947/Unit) 8.88% Net Initial Yield Endicott, NY 13760
Investment Highlights
- Federal Opportunity Zone
- Solid Brick Building
- Walking distance to the Huron Campus, BAE Systems and IM3
- Fully leased
Executive Summary
Located in the heart of Endicott, NY—a town known as the birthplace of IBM and Endicott Johnson Shoes—this well-maintained 5-unit building offers a prime investment opportunity in a rapidly growing area. With the recent announcements of a new Battery Manufacturer and Solar Manufacturer coming to the region, significant job growth is projected, further enhancing the area’s appeal. This multifamily property is ideally situated within walking distance of major employers such as The Huron Campus, BAE Systems, and IM3. Positioned in a Federal Opportunity Zone, this fully leased building is in excellent condition and features ample off-street parking. It’s a rare chance to invest in a thriving market with long-term potential.
Property Facts
| Price | £234,734 | Building Class | C |
| Price Per Unit | £46,947 | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 3,992 SF |
| Net Initial Yield | 8.88% | Number of Floors | 3 |
| No. Units | 5 | Year Built | 1970 |
| Property Type | Residential | Parking Ratio | 1/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low Rise |
| Price | £234,734 |
| Price Per Unit | £46,947 |
| Sale Type | Investment |
| Net Initial Yield | 8.88% |
| No. Units | 5 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 3,992 SF |
| Number of Floors | 3 |
| Year Built | 1970 |
| Parking Ratio | 1/1,000 SF |
| Opportunity Zone |
Yes |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Heating
- Tile Floors
- Kitchen
- Wooden Floors
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
- Handrails
Site Amenities
- 24 Hour Access
- Controlled Access
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
| 2+1 | 3 | - | - |
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PROPERTY TAXES
| Parcel Number | 034601-141-014-0011-025-000-0000 | Improvements Assessment | £2,895 |
| Land Assessment | £235 | Total Assessment | £3,130 |
PROPERTY TAXES
Parcel Number
034601-141-014-0011-025-000-0000
Land Assessment
£235
Improvements Assessment
£2,895
Total Assessment
£3,130
zoning
| Zoning Code | USF (Urban Single Family District) |
| USF (Urban Single Family District) |
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303 Robble Ave
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