59 Grand Avenue

Johnson City, NY 13790

$630,000
Price
8
Beds
8
Baths
5,370 Sq. Ft.
$117 / Sq. Ft.
5,370
Sq. Ft.
$117
per Sq. Ft.

Description

Exceptional Investment Opportunity! This fully leased, turnkey 8-unit building is perfectly positioned to benefit from Johnson City's growing developments. Located within walking distance of the cutting-edge Pharmaceutical Campus and the expansive UHS medical complex, this property is ideally suited for students, faculty, and traveling nurses. Each of the 8 one-bedroom units offers a desirable setup for tenants, complemented by on-site laundry facilities, off-street parking, and additional garage...Exceptional Investment Opportunity! This fully leased, turnkey 8-unit building is perfectly positioned to benefit from Johnson City's growing developments. Located within walking distance of the cutting-edge Pharmaceutical Campus and the expansive UHS medical complex, this property is ideally suited for students, faculty, and traveling nurses. Each of the 8 one-bedroom units offers a desirable setup for tenants, complemented by on-site laundry facilities, off-street parking, and additional garage stalls that present the potential for extra income. This well-maintained property is a smart choice for investors looking to capitalize on the area's development and high rental demand.
  1. Listed by Scott Warren • INNOVATIVE COMMERCIAL ADVISORS

Property Details for 59 Grand Avenue

Architectural Style
MultiFamily
Subdivision Name
Park Blvd
Zoning
Urban Multi Family
LISTING UPDATED: 12/05/2024 09:45 PM

Property Details for 59 Grand Avenue

StatusActive
MLS #328392
Days on Market12
Taxes$26,012 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1970
CountyBroome County

Building Information for 59 Grand Avenue

Building/Complex59 Grand AveFloor-Stories-Residences8Pet Policy-Year Built1970Building Size-

Property Information for 59 Grand Avenue

Summary
Location and General Information
  • City: Johnson City
  • County Or Parish: Broome
  • Directions: From Main Street in Johnson City, head onto Floral Avenue. Turn onto Cleveland Avenue and continue toward Grand Avenue. Make a left onto Grand Avenue, and the buildings will be on your right.
  • Postal City: Johnson City
  • Township: Union
  • State Or Province: NY
  • MLS Area Major: Area 04
  • Postal Code: 13790
  • Zoning Description: Urban Multi Family
Taxes and HOA Information
  • Parcel Number: 034603-143-074-0001-026-000-0000
  • Tax Annual Amount: $26,012.00
  • Tax Assessed Value: $343,931.00
  • Tax Book Number: 143.74-1-26
School Information
  • Elementary School: Johnson City Elementary
  • Elementary School District: Johnson City
  • High School District: Johnson City
  • Middle Or Junior School District: Johnson City
Parking
  • Attached Garage: No
  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Detached, Garage, ThreeCarGarage
Property
Lot Information
  • Above Grade Finished Area: 5370.0
  • Living Area: 5370.0
  • Lot Features: Level
  • Lot Size Area: 0.48
  • Lot Size Dimensions: 63 ft x 141 ft
  • Lot Size Units: Acres
Property and Assessments
  • Sign On Property: Yes
  • Year Built: 1970
  • Property Sub Type: Apartment
  • Property SubType Additional: Apartment
  • Property Type: ResidentialIncome
  • Construction Materials: Brick
Utilities
  • Sewer: PublicSewer
  • Utilities: CableAvailable
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: MatureTreesLandscape
  • Foundation Details: Basement
Interior Features
  • Appliances: GasWaterHeater
  • Cooling: No
  • Cooling: None
  • Flooring: Hardwood
  • Heating: ForcedAir
  • Heating: Yes
  • Bathrooms Full: 8
  • Bedrooms Total: 8
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
Room 8
  • HumanModified: Yes
Mobile Home
Mobile/Manufactured Home
  • Human Modified: No
Multi Family
Multi-Family Information
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 8
Income & Expenses Information
  • Fuel Expense: $550.00
  • Insurance Expense: $2,188.00
  • Electric Expense: $550.00
  • Net Operating Income: $64,412.00
Unit 1
  • Actual Rent: $975.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $975.00
Unit 2
  • Actual Rent: $935.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $935.00
Unit 3
  • Actual Rent: $950.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $950.00
Unit 4
  • Actual Rent: $900.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $900.00
Unit 5
  • Actual Rent: $950.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $950.00
Unit 6
  • Actual Rent: $900.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $900.00
Unit 7
  • Actual Rent: $950.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $950.00
Unit 8
  • Actual Rent: $1,050.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $1,050.00
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 59 Grand 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 59 Grand Avenue

Taxable ValueLand$900Additions$11,000Total$11,900
Home Facts
Total Finished SqFt5,370 SqFtAbove Grade Finished SqFt5,370 SqFtUnfinished Basement SqFt2,695 SqFtStories2Lot Size8,883 SqFtStyleMulti-Family Res (5+ Units)Year Built1970ZoningUSFCountyBROOMEAPN034603 143.74-1-26

Schools near 59 Grand Avenue

This home is within Johnson City Central School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Johnson City Elementary Primary School
PublicPK to 2

Johnson City Middle School
Public6 to 8

Johnson City Senior High School
Public9 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.

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59 Grand Avenue is a multi-family home for sale in Johnson City, NY 13790. This property was listed for sale on December 5, 2024 by INNOVATIVE COMMERCIAL ADVISORS, it's currently listed at $630,000. This listing's school district is Johnson City Central School District. Nearby schools include Johnson City Elementary Primary School, Johnson City Elementary Intermediate School and Johnson City Middle School. 59 Grand Avenue is a 8-bed, 8-bath, 5,370 sqft multi-family home built in 1970.

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. Offers of compensation are subject to change at the discretion of the seller. 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.