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Multifamily Portfolio

4 Multifamily Properties Offered at $1,000,000 in Fulton, NY

Investment Highlights

  • Low Vacany Rate
  • Easy Commute to Clay
  • Easy Commute to Syracuse
  • Easy Commute to Oswego

Executive Summary

Incredible investment opportunity - fully rented portfolio of 13 units, including 4 properties, currently grossing $160,980 annually. Properties situated in Fulton, NY which is located less than 15 miles from the Town of Clay, NY where Micron has announced investment of up to $100 billion. All separated gas and electric. Properties include 522-524 W 1st St - 6 unit, 19 W 4th St - 3 unit, 109-111 Phillips St - 2 unit and 58 N 6th St - 2 unit. Properties are comprised of 7 one bedroom apartments, 4 two bedroom apartments and 2 three bedroom apartments. Off street parking available at each property. Over 10% cap rate. Ability to purchase with positive cash flow from day one - don't miss out on this investment opportunity.

Property Facts

Price $1,000,000
Price / SF $122.20 / SF
Cap Rate 10.50%
Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 8,183 SF
Total Land Area 0.86 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
522-524 W 1st St S, Fulton, NY 13069 Multifamily 2,503 SF 1967 -
109-111 Phillips St, Fulton, NY 13069 Multifamily 2,436 SF 1920 -
19 W 4th St S, Fulton, NY 13069 Multifamily 1,792 SF 1860 -
58 N 6th St, Fulton, NY 13069 Multifamily 1,452 SF 1900 -
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  • Listing ID: 33907883

  • Date on Market: 11/18/2024

  • Last Updated:

  • Address: Multifamily Portfolio, Fulton, NY

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