514 Davis Avenue

Endicott, NY 13760

$450,000
Price
9
Beds
7
Baths
8,544 Sq. Ft.
$53 / Sq. Ft.
8,544
Sq. Ft.
$53
per Sq. Ft.

Description

Located in Endicott, NY, this exceptional 7-unit complex offers an unparalleled opportunity in a rapidly developing area. Situated directly across from the Ideal Nursing Home, residents can enjoy the convenience of nearby amenities while basking in picturesque views of the Susquehanna River and the valley beyond. The central location is a major draw, with the new IM3 Gigafactory, BAE Systems, and the Huron Campus just minutes away. With a mix of 4 one-bedroom units, 1 three-bedroom unit, and 2 studios,...Located in Endicott, NY, this exceptional 7-unit complex offers an unparalleled opportunity in a rapidly developing area. Situated directly across from the Ideal Nursing Home, residents can enjoy the convenience of nearby amenities while basking in picturesque views of the Susquehanna River and the valley beyond. The central location is a major draw, with the new IM3 Gigafactory, BAE Systems, and the Huron Campus just minutes away. With a mix of 4 one-bedroom units, 1 three-bedroom unit, and 2 studios, this property is perfectly poised to capitalize on the area's growth and development potential. Use this link to go to the property website for the offer memorandum with complete financials https://buildout.com/website/1350040-sale
  1. Listed by James Lucenti • INNOVATIVE COMMERCIAL ADVISORS
  2. Listed by Scott Warren • INNOVATIVE COMMERCIAL ADVISORS

Property Details for 514 Davis Avenue

Architectural Style
MultiFamily
Subdivision Name
Davis Sub
Zoning
R

Location

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LISTING UPDATED: 05/05/2024 04:43 PM

Property Details for 514 Davis Avenue

StatusActive
MLS #325391
Days on Market21
Taxes$10,270 / year
HOA Fees-
Condo/Co-op Fees$2,492 semi-monthly
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1960
CountyBroome County

Location

Listing Courtesy of INNOVATIVE COMMERCIAL ADVISORS
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Building Information for 514 Davis Avenue

Building/Complex514 Davis AveFloor-Stories-Residences7Pet Policy-Year Built1960Building Size-

Payment Calculator

$8,296 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,456

Property Taxes

$856

HOA Dues

$4,984

The Payment Calculator is for illustrative purposes only.

Property Information for 514 Davis Avenue

Summary
Location and General Information
  • City: ENDICOTT
  • County Or Parish: Broome
  • Directions: Near Round Top Park. From main, turn on exchange street, right on Edwards, left on Davis
  • Postal City: ENDICOTT
  • Township: Union
  • State Or Province: NY
  • MLS Area Major: Area 05
  • Postal Code: 13760
  • Zoning Description: R
Taxes and HOA Information
  • Parcel Number: 034601-156-016-0005-042-000-0000
  • Maintenance Expense: $2,492.00
  • Tax Annual Amount: $10,270.00
  • Tax Assessed Value: $7,450.00
  • Tax Book Number: 156.16-5-42
School Information
  • Elementary School: Charles F. Johnson
  • Elementary School District: Union Endicott
  • High School District: Union Endicott
  • Middle Or Junior School District: Union Endicott
Parking
  • Attached Garage: Yes
  • Garage Spaces: 5.00
  • Garage: Yes
  • Parking Features: Attached, Detached, Garage, TwoCarGarage, ThreeCarGarage
Property
Lot Information
  • Above Grade Finished Area: 8544.0
  • Living Area: 8544.0
  • Lot Features: Level
  • Lot Size Dimensions: 100x303
Property and Assessments
  • Sign On Property: Yes
  • Year Built: 1960
  • Property Sub Type: Apartment
  • Property SubType Additional: Apartment
  • Property Type: ResidentialIncome
  • Construction Materials: Stucco
Utilities
  • Sewer: PublicSewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Porch
Interior Features
  • Appliances: GasWaterHeater
  • Cooling: No
  • Cooling: None
  • Flooring: Hardwood
  • Heating: Baseboard
  • Heating: Yes
  • Bathrooms Full: 7
  • Bathrooms Half: 0
  • Bedrooms Total: 9
Room Information
Room 1
  • HumanModified: Yes
Room 2
  • HumanModified: Yes
Room 3
  • HumanModified: Yes
Room 4
  • HumanModified: Yes
Room 5
  • HumanModified: Yes
Room 6
  • HumanModified: Yes
Room 7
  • HumanModified: Yes
Mobile Home
Mobile/Manufactured Home
  • Human Modified: Yes
Multi Family
Multi-Family Information
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Total: 7
Income & Expenses Information
  • Fuel Expense: $2,500.00
  • Gross Income: $75,108.00
  • Insurance Expense: $3,669.00
  • Professional Management Expense: $5,574.00
  • Electric Expense: $.00
  • Net Operating Income: $49,204.00
Unit 1
  • Actual Rent: $825.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $825.00
Unit 2
  • Actual Rent: $630.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $630.00
Unit 3
  • Actual Rent: $1,500.00
  • Baths Total: 1
  • Beds Total: 3
  • Total Rent: $1,500.00
Unit 4
  • Actual Rent: $500.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $500.00
Unit 5
  • Actual Rent: $925.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $925.00
Unit 6
  • Actual Rent: $975.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $975.00
Unit 7
  • Actual Rent: $904.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $904.00
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 514 Davis Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 514 Davis Avenue

Taxable ValueLand$450Additions$6,550Total$7,000
Home Facts
Total Finished SqFt4,386 SqFtAbove Grade Finished SqFt4,386 SqFtUnfinished Basement SqFt1,462 SqFtStories3Lot Size7,550 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningUSFCountyBROOMEAPN034601 156.16-5-42

Schools near 514 Davis Avenue

This home is within Union-Endicott Central School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 8 to 12
Rating
School
Distance
Jennie F Snapp Middle School
Public6 to 8

Union Endicott High School
Public9 to 12

Linnaeus W West School
Public8 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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514 Davis Avenue is a multi-family home for sale in Endicott, NY 13760. This property was listed for sale on April 29, 2024 by INNOVATIVE COMMERCIAL ADVISORS, it's currently listed at $450,000. It has been on the market for a total of 21 days and was last sold on December 10, 2021. This listing's school district is Union-Endicott Central School District. Nearby schools include Charles F Johnson Jr Elementary School, Jennie F Snapp Middle School and Union Endicott High School. 514 Davis Avenue is a 9-bed, 7-bath, 8,544 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of INNOVATIVE COMMERCIAL ADVISORS

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.