Property profile

207 2Nd St Fulton, NY 13069

OFF-MARKET
Residential income homes
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Residential income homes

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

207 2Nd St Fulton, NY 13069
Fulton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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