42-46 Jackson
42-46 Jackson Avenue
Endicott, NY 13760
Highlights
- 3,780 SF mid-rise building with 7 units
- Spacious and recently renovated units
- Strong rental income potential
- Updated amenities and finishes
- Attractive investment opportunity
- Federal Opportunity Zone
Description
Offered for sale is a recently renovated 7-unit complex, ideally located within walking distance to the Huron Campus and the IM3 Battery Manufacturer in Endicott, NY. Known as the birthplace of IBM and Endicott Johnson Shoes, Endicott is experiencing a resurgence with new developments, including a new battery manufacturer, a new solar manufacturer, and a recent $160M research and development grant for Central NY. This property, situated in a Federal Opportunity Zone, features two buildings with 2 three-bedroom units, 4 one-bedroom units, and 1 studio, making it a prime investment opportunity in a rapidly developing area. Plus the 3 Bed single family residence next door.
This is ideally located to benefit from the new developments in a rapidly developing area. Endicott, NY is the birth place of IBM and Endicott Johnson Shoes. With a long history of hard working people this is area is seeing a resurgence with the announcement of a new Battery Manufacturer, a New Solar Manufacturer and a recent $160M Research and Development grant for Central NY. This building is walking distance to the development site. This is also in a Federal Opportunity Zone.
