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House/Villa in Buffalo

£11,038

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Five Bed Two Bathroom Detached House on Offer in Buffalo - Erie County

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Townhouse Description

An ideal chance to purchase a very Low Cost Multi Unit property in Buffalo, this has to be the cheapest property currently on the market for rental return. The property comes fully tenanted providing a combined monthly income of $685 and with no repairs to the successful purchaser this has to be a great deal!!!!

TENANTED MULTI UNIT PROPERTY IN BUFFALO, WESTERN NEW YORK

EXCEPTIONALLY LOW PRICED

1 x 3 Bedroom Apartment and 1 x 2 Bedroom Apartment

Both Units Rented at the time of closing with Guarantee of minimum of 3 months

BRINGING IN A COMBINED MONTHLY RENT OF $685 !

SECURED PRICE OF PROPERTY: $19,500 / €14,388 / £12,341

TOTAL COST TO PURCHASE THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS & FEES: $24,067 / €17,695 / £15,337

•Detached Multi Unit Property in Buffalo, Western New York
•Both Units Already Tenanted
•Providing Combined Monthly Income of $685
•Income from Day 1 of Purchase
•Exceptional Low Cost Investment Opportunity

This is an exceptionally priced multi unit property in Buffalo, Western New York. Both units consist of living room, dining room, kitchen and bathroom, 1 apartment has 3 bedrooms and the other has 2 bedrooms. The property measures 1,937 sq ft of build area, with garden the total plot measures 3,600 sq ft.

Both units are fully tenanted, the upper unit rents for $385 a month and the lower unit rent for $300 a month. Both units provide a colossal gross monthly rental income of $685.

GROSS MONTHLY RENTAL INCOME: $685 / €503 / £433

Monthly expenses include:

•Property Tax of $54 / €39 / £34
•Rental Management Fee of $68 / €50 / £43
•Water Utility Charge of $60 / €44 / £37

THIS WILL GIVE YOU A NET MONTHLY INCOME OF: $503 / €370 / £319

NET INCOME PER ANNUM: $6,036 / €4,440 / £3,828

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: $1.36=€1 $1.58=£1


Approximate price of this 5-Bed Detached house
€14,401 EUR | 
£12,341 GBP | 
US$18,634 USD | 

(Currency and Foreign Exchange services supplied by the FX firm)
Ref 816478 
Town Buffalo 
Region Erie County 
Province New York 
Country United States  
Type Detached house
Bathrooms
Bedrooms
Category Re-Sale  
Listed over 1 year ago
Innovative investment strategies offering 25% annualized returns regardless of market conditions   Find out more >>

Property Characteristics

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

Map of Buffalo, New York, United States


Real Estate Agent Listing this Property

Agent Colossal Property Investments
Advertising with us since 16 July 2008
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Rent Your Holiday Property
Price: £12,341
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Contact the Seller

For more information on this townhouse in Buffalo, Erie County, New York, United States please fill out the short form below (* Required)

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Purchase this Townhouse in Buffalo for

US$31p/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
Townhouse 12,341 3,000 41,000 1,900,000 - 209,900
House/Villa 11,038 58 30,000 65,000,000 16,666 242,990

* Calculations based on 25 properties for sale in Buffalo and 3717 properties for sale in USA




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