218 2nd St - Apartments FOR SALE


Fulton, KY 42041
$199,900 USD
270-519-8111
218 2nd St, Fulton, KY for Sale
$199,900 USD
Apartments - FOR SALE
1/19
null | Request Cap Rate

218 2nd St
Fulton, KY 42041


HIGHLIGHTS

  • Vacant since September 2024
  • 2022 NOI over $25,000
  • 23 Parking spaces

OVERVIEW

Are you looking for a multifamily investment opportunity? Here is seven units under one roof, the whole package under $200,000. This building has the charm of living many lives as it served different purposes over the years. The building consists of (3) two-bedroom units and (4) one-bedroom units, each with it's own private bathroom. Fix them up one at a time for renters or take on the project all at once, either way, the potential is great. Approximately 9,400± SF sitting on a .42+/- acre lot. The property is serviced by city water, sewer, and trash pickup. All units feature individual electric service with circuit breakers, plus a separate landlord meter. There is off-street parking for approximately 16 vehicles, including 7 spaces under a carport.

FOR SALE DETAILS

PRICE

$199,900 USD

PRICE/SF

$21 USD /SF

# OF UNITS

7

PRICE/UNIT

$28,557

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1901

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,731 SF

ZONING

Commercial

APN/PARCEL ID

F-4-25-7

ASK ABOUT THIS PROPERTY

Drew HarrisonArnold Realty GroupMore Info
270-519-8111

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Drew HarrisonArnold Realty GroupMore Info
270-519-8111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.