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218 2nd St
Fulton, KY 42041

Multifamily Property For Sale · 7 Units

PROPERTY FACTS

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.42 AC
Building Size 9,340 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1901/1960
Parking Ratio 0.75/1,000 SF

Unit Amenities

  • Air Conditioning
  • Refrigerator
  • Range

Site Amenities

  • Vintage Building

About 218 2nd St , Fulton, KY 42041

JDS Real Estate Services, Inc. (KY RE Broker Lic. No. 73339) in association with Realty Central is pleased to present the Historic apartment building know as the Jones Apartments, this 7 unit building has served the Fulton area need for affordable housing since the mid 1980's. Each unit has laminated floors for easy care and central AC and electric heat as well. Antique doors and a spiral staircase are some of the existing features that still reflect the early 1900's architecture of this building. - For a value ad coin operated laundry facilities could be installed to help compensate the owner paid utilities. - Management fee built into pro forma at 10% of Effective gross ( $3000 Annual ) - General maintenance estimated by broker @ ( $3360 annual ) - Lawn care @ ( $490 per year ) from owners records - Water and trash @ ( $4200 ) annual average from owners records - Electricity for commons area $1800 annual average given by owner

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 5 $425.00 550 - 600
1+1 2 $350.00 450

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
F-4-25-7
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$247,500

zoning

Zoning Code R2
R2
  • Listing ID: 12359959

  • Date on Market: 4/24/2018

  • Last Updated:

  • Address: 218 2nd St, Fulton, KY 42041

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