403 Oneida StFulton, NY 13069

This exceptional investment opportunity presents a stabilized four-unit apartment building located at 403 Oneida St, Fulton, NY 13069. Built in 1930, this Class C property boasts a 100% occupancy rate, generating a substantial net operating income (NOI) of $37,460, resulting in a compelling 14.98% capitalization rate. The asking price is $250,000, translating to $62,500 per unit. The property is ideally situated near Micron, offering strong rental demand and potential for future appreciation. Individual electrical meters provide efficient utility management. This is a cash-flowing investment perfect for a 1031 exchange. The property consists of one building with four units and is currently operating at full occupancy. Financial projections indicate a consistent 14.98% pro-forma capitalization rate and a pro-forma NOI of $37,460, demonstrating the stability and profitability of this investment. Cash offers only are being considered by the seller. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a desirable location. The property's strong cash flow and high occupancy rate make it an attractive investment for both seasoned and new investors.