Great investment opportunity! As is, the current CAP rate is about 17.5%. Plenty of opportunity for growth. Legal 6 family building with a full finished basement with 6 additional rooms. Recently renovated. All tenants are up to date on the rent. There is an unfinished 2-story home in the rear of the property that belongs to this address. That home can be made into 2 2-bedroom apartments. Parking in the rear for tenants plus additional spots for guests. Located next to multiple local and international manufacturers. Can be sold as a package with 108 Cleveland Avenue, located a few blocks away.
View full listing details| Price: | $195,000 |
| Address: | 1405 Monroe Street |
| City: | Endicot |
| County: | Broome |
| State: | New York |
| Zip Code: | 13760 |
| MLS: | 1142714 |
| Year Built: | 1970 |
| Square Feet: | 4,636 |
| Acres: | 0.183 |
| Lot Square Feet: | 0.183 acres |
| airConditioner: | Units |
| appliancesTotalNumDryers: | 1 |
| appliancesTotalNumRanges: | 6 |
| appliancesTotalNumRefrigerators: | 6 |
| appliancesTotalNumWashers: | 1 |
| areaName: | Endicot |
| basementType: | Full |
| block: | 00346 |
| compensationDisclaimer: | The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. |
| condition: | Good |
| electric: | 220 |
| electricMeters: | Mixed |
| extras: | Cable, Laundry |
| garageCapacity: | 1 |
| garageLocation: | Detached |
| gasMeters: | Mixed |
| heatSource: | Gas |
| heatSystem: | Hot Water |
| incomeExpensesGrossIncome: | 45000 |
| incomeExpensesNetIncome: | 31786 |
| incomeExpensesTotalExpense: | 13214 |
| lot: | 0001 |
| lotDim: | 53x150 |
| noOfHeatingUnits: | 1 |
| numOfACUnits: | 6 |
| numUnits: | 6 |
| ownerFinance: | no |
| parking: | Off Street |
| section: | N/A |
| sewer: | City |
| siding: | Vinyl Siding |
| stories: | 3 |
| taxAbated: | no |
| taxes: | 1511 |
| unit1Level: | 1 |
| unit1NumBaths: | 1 |
| unit1NumBedrooms: | 2 |
| unit1NumRooms: | 4 |
| unit1RentMonth: | 750 |
| unit2Level: | 1 |
| unit2NumBaths: | 1 |
| unit2NumBedrooms: | 2 |
| unit2NumRooms: | 4 |
| unit2RentMonth: | 750 |
| unit3Level: | 2 |
| unit3NumBaths: | 1 |
| unit3NumBedrooms: | 1 |
| unit3NumRooms: | 3 |
| unit3RentMonth: | 500 |
| yearBuiltInfo: | Approx |
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