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£26,490 GBP

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Ref 649284 | Buffalo, New York | 6 Bedroom Property with a Garden

£26,490 GBP  |  €33,409 EUR (Approx)  |  Approx. US$41,507 USD

ALREADY TENANTED MULTI UNIT PROPERTY IN BUFFALO, WNY

2 X 3 BEDROOM APARTMENTS RENTED FOR A MASSIVE $1,160 PER MONTH

Tenants on Annual Leases !!

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
•Colossal Monthly Income of $1,160
•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 full bathroom. The property measures 2,655 sq ft of build area, with a garden measuring 3,675 sq ft.

Both units are fully tenanted with tenants on yearly leases, the upper unit rents for $575 a month and the lower unit rent for $585 a month. Both units provide a colossal gross monthly rental income of $1,160.

The property has very minor repairs to be made which will cost $355 and can be done via the management company after closing/completion.

GROSS MONTHLY RENTAL INCOME: $1,160 / €872 / £768

Monthly expenses include:

•Property Tax of $65 / €48 / £43
•Rental Management Fee of $116 / €87/ £76
•Water Utility Charge of $60 / €45 / £39

THIS WILL GIVE YOU A NET MONTHLY INCOME OF: $919 / €692 / £610

NET INCOME PER ANNUM: $11,028 / €8,304 / £7,320

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

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