207 2Nd St Fulton, NY 13069
- Residential income homes
Current Use by Public Records
- Residential income homes
Property Details for 207 2Nd St
- Property type
- Residential income homes
- Property subtype
- Dormitories
Description
This exceptional investment opportunity presents a two-family home package located at 207 & 211 S 2nd St, Fulton, NY 13069. The package includes two buildings, each a two-story structure, totaling four residential units. One property, at 211 S 2nd St, boasts 1787 square feet and features a one-bedroom unit in the front and a three-bedroom, two-bathroom unit in the rear. The front unit currently commands a monthly rent of $600 plus utilities, while the rear unit is vacant but previously generated significant rental income. The second property, at 207 S 2nd St, will be vacant by the end of the month and previously generated rental income of $975 and $1100 from its two units. All previous rental income included water, garbage, and lawn care. The property sits on a lot with five parking spaces and is zoned C2A. This is a package deal; the seller will not sell the properties separately. Annual property taxes for 211 S 2nd St are $1631 (county) and $1237 (school). This is a turnkey investment opportunity with strong potential for rental income and appreciation. The property is conveniently located in Fulton, New York, offering easy access to local amenities and services. This is a rare opportunity to acquire a multifamily portfolio in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fulton
- County
- Oswego
- State
- New York
- Longitude
- -76.4137
- Latitude
- 43.3198
