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Townhouse in Buffalo

US$35,000

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Ref 649455 | Buffalo, New York | 6 Bed Property with Parking

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United States Flag Buffalo, Erie County, New York, United States
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ANOTHER HIGH EARNING MULTI UNIT PROPERTY IN BUFFALO, WESTERN NEW YORK

TENANTS ON YEARLY LEASE

$1,170 MONTHLY RENT !!

SECURED PRICE OF PROPERTY: $41,000 / €30,827 / £27,152

TOTAL COST TO PURCHASE THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS & FEES: $45,715 / €34,211 / £30,194

•Detached Multi Unit Property in Buffalo, Western New York
•Both Units Already Tenanted
•Colossal Monthly Income of $1,170
•Income from Day 1 of Purchase
•Exceptional Low Cost High Yield 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 large property measures 2,809 sq ft of build area, with a garden measuring 3,675 sq ft. The property has a driveway for the parking of several cars.

Both units are fully tenanted with tenants on yearly leases, the upper unit rents for $585 a month and the lower unit rent for $585 a month. Both units provide a colossal gross monthly rental income of $1,170.

The property has very minor repairs to be made which will cost $225 and can be done via the management company after closing/completion.

GROSS MONTHLY RENTAL INCOME: $1,170 / €879 / £774

Monthly expenses include:

•Property Tax of $65 / €48 / £43
•Rental Management Fee of $117 / €87/ £77
•Water Utility Charge of $60 / €45 / £39

THIS WILL GIVE YOU A NET MONTHLY INCOME OF: $928 / €699 / £615

NET INCOME PER ANNUM: $11,136 / €8,388 / £7,380

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

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US$41,000 USD
For Sale
€30,583 EUR |  Approx. £26,173 GBP | 
Currency exchange services supplied by the FX firm
BedroomsRef # 649455  BedroomsListed over 1 year ago
BedroomsLocation Buffalo, Erie County
BedroomsType Townhouse
BedroomsBeds 6 BathroomsBathrooms 2
BathroomsBuilt Size --- Plot SizePlot Size ---
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Property Characteristics

  • Garden:  Private Garden
  • Parking:  Private Driveway
  • Distance to Shops:  Close


Purchase this Townhouse in Buffalo for

US$69p/m

(60% LTV, 5% Interest Rate, 30 years)

(Subject to status. Information given for guidance purposes only.)

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Average Price of Property in Buffalo, USA

Property Type Min Price Max Price Median Price
(All prices in EUR) Buffalo USA Buffalo USA Buffalo USA
House/Villa 11,038 58 30,000 65,000,000 16,666 242,990
Townhouse 12,341 500 41,000 1,390,000 - 209,900

* Calculations based on 25 properties for sale in Buffalo and 3691 properties for sale in USA




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