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30,075 EUR

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Ref 649283 | Buffalo, New York | 6 Bed Property with a Garden

30,075 EUR  |  Approx.£23,600 GBP  |  Approx. US$36,929 USD

A FANTASTIC MULTI UNIT PROPERTY IN BUFFALO

BOTH UNITS TENANTED AND BRINGING IN A COLOSSAL COMBINED GROSS MONTHLY RENT OF $1,175 !!

VERY WELL KEPT, CLEAN AND TIDY TENANTS ... look at the photos !

SECURED PRICE OF PROPERTY: $40,000 / €30,075 / £26,490

TOTAL COST TO PURCHASE THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS & FEES: $44,714 / €33,459 / £29,532

•Detached Multi Unit Property in Buffalo, Western New York
•Both Units Already Tenanted
•Huge Monthly Income of $1,175
•Clean and Tidy Tenants
•Income from Day 1 of Purchase
•Exceptional Low Cost Investment Opportunity

This is a fantastic multi unit property in Buffalo, Western New York. Both units offer 3 bedrooms, living room, dining room, kitchen and bathroom. The property measures 2,340 sq ft of build area, with a garden measuring 3,150 sq ft.

Both units are fully tenanted, the upper unit rents for $575 a month and the lower unit rent for $600 a month, the tenants are clean and tidy as seen in the photos. Both units provide a colossal gross monthly rental income of $1,175.

The property has a very minor repair to be made which will cost $175 and can be done via the management company after closing/completion.

GROSS MONTHLY RENTAL INCOME: $1,175 / €883 / £778

Monthly expenses include:

•Property Tax of $54 / €40 / £35
•Rental Management Fee of $117 / €88/ £77
•Water Utility Charge of $60 / €45 / £39

THIS WILL GIVE YOU A NET MONTHLY INCOME OF: $944 / €710 / £627

NET INCOME PER ANNUM: $11,328 / €8,520 / £7,524

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: $1.33=€1 $1.51=£1

Property Characteristics

    Garden

  • Yes
  • Parking

  • Private Driveway
  • Distance to Shops

  • Close

Towns located close to Buffalo, United States

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