71-73 Albert ST, Johnson City, NY 13790 For Sale

Fully renovated, turnkey 4-family property in Johnson City offering a strong blend of stability and upside. The building features 4 units, all fully furnished, providing flexibility for short-term or traditional rental strategies. Each apartment has been updated with newer kitchens, modern bathrooms, laminate flooring, and fresh paint creating clean, attractive living spaces. Tenants pay their own electric and gas, helping reduce operating expenses. The property has been well maintained with key mechanical updates, including a newer boiler for one main apartment and a new heater in the garage unit. A 4-car garage offers additional income potential through tenant or third-party rentals. This is a turnkey asset ideal for investors seeking low maintenance and immediate income, with furnished units supporting premium rents. The overall condition helps limit near-term capital expenditures, and the location near healthcare, shopping, and major roadways supports consistent tenant demand.

71-73 Albert Street is strategically located in Johnson City just off Main Street, placing it in one of the area's most accessible and tenant-demand-driven corridors. The property benefits from immediate access to Route 17 (I-86), providing efficient connectivity throughout the Southern Tier and supporting consistent rental demand. The asset sits within close proximity to UHS Wilson Medical Center, a major local employer, along with nearby retail, dining, and public transportation options. This location supports a strong tenant base driven by healthcare, service, and local workforce employment, helping to stabilize occupancy over time. From an investment perspective, the walkability, central location, and access to key amenities make this an attractive option for both current tenants and future leasing. Its positioning between Johnson City and downtown Binghamton further enhances long-term demand and rental upside potential.