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US$33,500 USD

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Ref 647991 | Buffalo, New York | 6 Bed Property with a Garden

US$33,500 USD  |  €27,282 EUR (Approx)  |  Approx.£21,408 GBP

ALREADY TENANTED MULTI UNIT PROPERTY

SAME TENANT FOR OVER 30 YEARS IN LOWER UNIT !!!

2 x 3 bedroom Apartments bringing in a combined monthly rent of $900.

No Repairs to be made

SECURED PRICE OF PROPERTY: $33,500 / €25,000 / £22,333

TOTAL COST TO PURCHASE THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS & FEES: $38,215 / €28,374 / £25,383

•Detached Multi Unit Property in Buffalo, Western New York
•Both Units Already Tenanted
•Lower unit with same Tenant for over 30 years
•Income from Day 1 of Purchase
•Exceptional Low Cost Investment Opportunity

This is a multi unit property in Buffalo, Western New York. Both units offer 3 bedrooms, living room, dining room, kitchen and bathroom. The property measures 2,316 sq ft of build area, with a garden measuring 3,270 sq ft.

Both units are fully tenanted, the upper unit rents for $400 a month and the lower unit rent for $500 a month, the tenant in the lower unit has been residing in the property for over 30 years. Both units provide a colossal gross monthly rental income of $900.

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

GROSS MONTHLY RENTAL INCOME: $900 / €671 / £600

Monthly expenses include:

•Property Tax of $103 / €76 / £68
•Rental Management Fee of $100 / €74/ £66
•Water Utility Charge of $60 / €44 / £40

THIS WILL GIVE YOU A NET MONTHLY INCOME OF: $637 / €477 / £426

NET INCOME PER ANNUM: $7,644 / €5,724 / £5,112

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

All prices are calculated at the following currency conversion rates: $1.34=€1 $1.50=£1

Property Characteristics

    Garden

  • Private Garden
  • Distance to Shops

  • Close

Towns located close to Buffalo, United States

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