Screaming Hot Investment Opportunity! 17% Cap Rate & 54% Cash on Cash Return
Type: 2-Bedroom, 1-Bath Duplex, potential to convert into 3 bedrooms and raise rent
Discover a lucrative investment property in the heart of Fulton, NY! This 2-bedroom, 1-bathroom duplex is perfectly situated on a corner lot and close to all the amenities you could need. With long-term tenants, this is a high cash-flowing gem you don't want to miss.
Property Highlights:
• High Cap Rate: 17% cap rate, offering strong income potential.
• Impressive Cash on Cash Return: 54% cash on cash, making this a standout investment.
• Prime Location: Conveniently located close to shopping, dining, and essential services.
• Lake and Park: Walking distance from a beautiful lake and recreation Park
• Owner-Occupant Potential: Live in one unit and let the other pay your mortgage, giving you the possibility of living for free!
• Seller Financing: Seller financing available for the down payment amount only so you can acquire without putting any money from pocket, good credit score is MUST
This property is a rare find with an unbeatable combination of strong returns, prime location, and tenant stability. Whether you're an investor looking for a solid return or a homeowner seeking a way to offset your mortgage, this property offers it all.
Don't miss out on this hot deal, just short driving distance to upcoming Micron Facility! Sold AS IS. Price is firm and non-negotiable. Serious inquiries only—no low offers, please. For anyone with even basic real estate investing knowledge, this deal is no brainer.
Where it's located
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