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29145795
28898175

66 Endicott Ave, Johnson City, NY 13790 For Sale

MD
NY 10491212954
4HG Real Estate LLC
Listed by 4HG Real Estate LLC
$255,000
219 days on market
Updated 18 days ago

66 Endicott Ave JC TURN-KEY MONEY MAKER

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,868
Units 2
Cap Rate 10.37%
NOI $27,947
Occupancy 100%
Pro-Forma Cap Rate 16.14%
Pro-Forma NOI $41,147
Price per SqFt $137
Broker Co-Op Yes
Year Built 1910
Year Renovated <1
Buildings 2
Stories 2
Acreage 0.130
Zoning R-2 UMF
Parking Spaces 2 per unit
Investment Type Stabilized
Occupancy Date 10/29/2025
Ground Lease No

Renovated Turn-Key Duplex | 10.37% Cap Rate | Stabilized income + Attic Conversion Upside |CASH FLOW

Marketing description

CALLING INVESTORS! TURN-KEY, RECENTLY RENOVATED & FULLY RENTED MONEY-MAKER just steps to SUNY Pharmaceutical School with a strong 10.37% CAP RATE and significant opportunity to maximize ROI. Leased through Nov/Dec 2026 for stable income. Offers 6 BEDROOMS total (3BR/1BA EACH) with NEW modern kitchens w/ SS appliances, updated baths, new flooring, fresh paint, lighting & contemporary finishes tenants love. Separate utilities—tenants pay all + snow removal. New hot water heaters & one new furnace (other in excellent condition). Off-street parking + GARAGE for extra income. On-site laundry hookups w/ Washer & Dryer for added revenue. Potential to convert 3rd floor into another money making unit or for owner occupancy. Prime location in JC’s fast-growing medical/academic corridor near SUNY, hospitals, downtown & bus line. High demand—turn-key, updated, low operating expenses and performing at a high level. The area is growing fast—now is the time to get in! *White Exterior photo has been virtually painted to demonstrate a potential white exterior finish. Photo is for illustrative purposes only. The original green color is actual color. White to show gorgeous possibilities.

Investment highlights

INVESTMENT HIGHLIGHTS

  • 10.37% Cap Rate delivering strong, stabilized in-place cash flow

  • Renovated, Turn-Key Duplex with immediate income from day one

  • Strong Cash-Flowing Asset with tenants paying all utilities except water

  • Value-Add Upside through potential third-floor attic conversion to studio or 1BR (subject to buyer verification, zoning, and code approval)

  • Efficient Operating Expenses with limited landlord utility exposure

  • Prime Rental Location near UHS Wilson Medical Center, SUNY Broome, and major employment corridors

  • Attractive to Small-Balance Investors seeking yield with future growth potential

Listing Contacts

MD
NY 10491212954
4HG Real Estate LLC
Listed by 4HG Real Estate LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$27,947.00
$2,328.92/mo

Valuation Metrics

0
DSCR
10.96%
Cap Rate
10.96%
ROI

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Additional Information

Name
Michele DePrato
License
10491212954
Brokerage
4HG Real Estate
Brokerage Phone
6072018904
Title
Licensed RE Broker
Brokerage Address
3439 Vestal Parkway East
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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