6 Bed and 2 Bath American House - Villa

• Bedrooms: 6 • Bathrooms: 2

£17,592 GBP

Approx. currency exchange €22,257 EUR    US$28,198 USD
  • Ref: 616215
  • Type: House/Villa
  • Listed: over 1 year ago
  • Location: Buffalo, Erie County
  • Bedrooms: 6
  • Bathrooms: 2

Ref 616215 | Buffalo, New York | 6 Bedroom Home with a Garden

SUPERB TENANTED MULTI UNIT PROPERTY IN BUFFALO, WNY WITH NO REPAIRS REQUIRED BY THE BUYER.

This multi unit property consists of 2 x 3 bedroom apartments, both fully rented and providing an excellent combined monthly income of $850 !!

SECURED PRICE OF PROPERTY: $28,500 / €19,791 / £17,592

TOTAL COST TO PURCHASE THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS & FEES: $33,315 / €23,084 / £20,563

•Detached Multi Unit Property in Buffalo, WNY
•Both Units Already Rented to Long Term Tenants.
•Income from Day 1 of Purchase
•Low Cost Investment Opportunity

This superb property is a large multi unit property in good condition.

Both units offer 3 good sized bedrooms, living room, dining room, kitchen and bathrooms. This large multi unit measures a huge 2,112 sq ft of build area and also has a front and rear garden measuring 3,330 sq ft.

Both units are fully tenanted and providing a gross monthly rental income of $850. The rent is guaranteed by the seller for 3 months after completion/closing.

The property also boasts having no repairs to be carried out by the successful buyer.

GROSS MONTHLY RENTAL INCOME: $850 / €590 / £524

Monthly expenses include:

•Property Tax of $75 / €52 / £46
•Rental Management Fee of $85 / €59 / £52
•Water Utility Charge of $60 / €41 / £37

THIS WILL GIVE YOU A NET MONTHLY INCOME OF: $630 / €438 / £389

NET INCOME PER ANNUM: $7,560 / €5,256 / £4,668

We bring to you the whole Package:

1.Low Priced Multi Unit Property with High Yield Rental Income
2.Both Units Rented to Tenants
3.Property Rental Management Company
4.Engineers Home Inspection Report
5.Attorney at Law (Lawyer) Assigned
6.Complete Unrivalled Personal Service and Supervision of your Purchase from Start to Finish

Property Characteristics

    Garden

  • Yes
  • Distance to Shops

  • Close

Towns located close to Buffalo, United States

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Average Price of Property in Buffalo, United States

Property Type Min Price Max Price Median Price
(All prices in EUR) Buffalo United States Buffalo United States Buffalo United States
House/Villa 11,038 7,595 100,000 525,000 16,666 242,990
Townhouse 12,341 8,000 41,000 212,400 - 209,900

* Calculations based on 23 properties for sale in Buffalo and 173 properties for sale in United States

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