4 N Fulton St, Auburn, NY 13021

Profitable Income Property: 4 N. Fulton St., Auburn, NY 2 Unit apartment house - $245k INCOME: $2600 monthly income ($28,800 annual income + plus barn rental) EXPENSES: Taxes: $4377 Water: $600 Insurance: $486 All separate Utilities paid by Tenants *** The Zestimate price and Tax Assessment price on this property are NOT relevant to the actual valuation as an Income Business - this is not a single family residence. The listing price is based on the Income vs. Expenses of this property as an Income Property Business. With $2600 of rental income, the ability to pay a mortgage on $245k is easily achieved with surplus funds to cover additional expenses. (These apartments are due for a rent increase to $1400+/mo, raising the annual income to $33,600) Beautiful Victorian side by side with Large 4br apartments. Apt #1 - $1300 4br, 1bath, kitchen & pantry, large living room, Laundry Apt #2 - $1300 4br, 2 bath, kitchen & pantry, large living room, Laundry Large 2 story Barn - 3 bays (added income) All separate utilities paid by Tenants. Well maintained with recent exterior paint, recently restored porch and deck, recent roofs on house and barn, recent separate circuit breaker electrical panels, recent water heaters and furnaces. Desirable East side location. A short walk to the beautiful Hoopes park and Herman Elementary School. Close to historic Downtown restaurants and pubs.