76 N Broad St - Apartments FOR SALE


Johnson City, NY 13790
$380,000 USD
607-354-6206
76 N Broad St, Johnson City, NY for Sale
$380,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

76 N Broad St
Johnson City, NY 13790


HIGHLIGHTS

  • Half Mile from Binghamton University Pharmacy and Nursing Schools & Wilson Hospital
  • Many renovations/updates. Fully rented. Separate Utilities

OVERVIEW

Nestled in the heart of Johnson City, this fully renovated 5-unit mixed-use gem is brimming with potential! Featuring modern updates including new vinyl windows, fresh siding, upgraded appliances, and brand-new plumbing and wiring, this property is primed for investors or business owners looking for a high-yield opportunity. The sprawling 4,000 sq. ft. commercial space on the first floor—formerly Zopp’s Bar and Restaurant—offers limitless possibilities: revive it as a vibrant eatery or bar, transform it into a retail hotspot, or repurpose it for office space or additional residential units. Upstairs, the second floor boasts four income-generating apartments, including three 1-bedroom units, one 3-bedroom, and one spacious 4-bedroom, all with separately metered gas and electric for easy management. Adding to its appeal, the tenant in Unit 1 provides on-site property management, ensuring hands-on oversight and convenience for owners. With strong rental demand, a prime location, and tremendous value-add potential, this property is a golden opportunity for savvy investors ready to capitalize on Johnson City’s growing market. Don’t miss out—schedule a showing today! Insurance expense could be less. Current coverate for 1.2M plus umbrella. Just a couple of blocks from Main Street in Johnson City this property is walking distance to Wilson Hospital and the Binghamton University Pharmacy and Nursing schools. Less than a mile Walmart and a short drive to downtown Binghamton and Binghamton Universities main campus. Across the street is the Johnson City Senior Center.

FOR SALE DETAILS

PRICE

$380,000 USD

PRICE/SF

$38 USD /SF

# OF UNITS

5

PRICE/UNIT

$76,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,997 SF

ZONING

USF

APN/PARCEL ID

034603-143-049-0003-022-000-0000

ASK ABOUT THIS PROPERTY

James LucentiSVN Innovative Commercial AdvisorsMore Info
607-354-6206

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James LucentiSVN Innovative Commercial AdvisorsMore Info
607-354-6206

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.