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218 2nd St
Fulton, KY 42041
Multifamily Property For Sale · 7 Units
PROPERTY FACTS
No. Units | 7 | Building Size | 9,340 SF |
Property Type | Multifamily | Average Occupancy | 100% |
Property Subtype | Apartment | No. Stories | 2 |
Apartment Style | Low Rise | Year Built/Renovated | 1901/1960 |
Building Class | C | Parking Ratio | 0.75/1,000 SF |
Lot Size | 0.42 AC |
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
Parcel Number | F-4-25-7 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $247,500 |
PROPERTY TAXES
zoning
Zoning Code | R2 |
R2 |
Learn More About Investing in Apartment Buildings
Listing ID: 12359959
Date on Market: 4/24/2018
Last Updated:
Address: 218 2nd St, Fulton, KY 42041