For Sale
$199,000

207 2Nd StFulton, NY 13069

Two-family homes, excellent rental income.

Overview

Added:
Dec 11, 2024
Days on market:
116
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.

Highlights

  • $199,000 asking price for a two-unit multifamily investment property.
  • Two buildings, each two stories, totaling four residential units.
  • Located at 207 & 211 S 2nd St, Fulton, NY 13069, with five parking spaces.
  • Zoned C2A.
  • Currently generating rental income, with potential for increased revenue upon vacancy and market adjustments.

Property Details for 207 2Nd St

Property type
Residential income homes, Dormitories
Buildings
2
Stories
2
Units
2

Location Insight

City
Fulton
County
Oswego
State
New York
Latitude
43.319759779768
Longitude
-76.413694801438
207 2Nd St, Fulton, New York

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207 2Nd St
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