Detached House for Sale in Rochester

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£20,245 GBP

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Ref 928349 | Rochester, New York | 4 Bedroom Property with Parking

£20,245 GBP  |  €25,741 EUR (Approx)  |  Approx. US$31,622 USD

A VERY WELL MAINTAINED 4 BEDROOM DETACHED PROPERTY IN ROCHESTER, WITH MANY NEW UPDATES

SECTION 8 TENANTS on annual renewable lease paying $900 a month !!

A lovely city property offering the investor an excellent rental return

SECURED PRICE OF PROPERTY: $33,000 / €22,758 / £20,245

TOTAL COST TO PURCHASE THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS & FEES: $37,835 / €26,043 / £23,211

A LOVELY CITY PROPERTY THAT HAS BEEN WELL MAINTAINED WITH MANY NEW UPDATES AND IS RENTED TO SECTION 8 TENANTS PAYING $900 A MONTH

  • Detached 4 Bedroom Property in Rochester, Western New York
  • Well maintained and with many new updates
  • Section 8 Tenants on Annual Renewable Lease
  • Rented at $900 a month
  • Income from Day 1 of Purchase
  • Exceptional Low Cost Investment Opportunity

This superb property is located in the City of Rochester, Western New York, close to the hospital, schools, shops and main bus line. The property offers 4 bedrooms, 1.5 bathrooms, eat-in kitchen, formal dining room, lounge and measures 1,650 sq ft of build area and has a nice small back garden. The property also includes a garage and driveway for the parking of several cars.

The property has undergone many new updates including new windows, new gas furnace, new electrics, as well as new flooring and carpets throughout and redecoration.

The property is rented to Section 8 tenants at $900 per month, they moved into the property in October 2010 on an annual renewable lease.

GROSS MONTHLY RENTAL INCOME: $900 / €620 / £552

Monthly expenses include:

  • Property Tax of $169 / €116 / £103
  • Rental Management Fee of $90 / €62 / £55
  • Water charge of $30 / €20 / £18

THIS WILL GIVE YOU A NET MONTHLY INCOME OF: $611 / €422 / £376

NET INCOME PER ANNUM: $7,332 / €5,064 / £4,512

We bring to you the whole Package:

  • Low Priced Tenanted Property with High Yield Rental Income
  • Section 8 Tenants on Annual Renewable Lease
  • Property Rental Management Company
  • Engineers Home Inspection Report
  • Attorney at Law (Lawyer) Assigned
  • Complete Unrivalled Personal Service and Supervision of your Purchase from Start to Finish
  • All prices are calculated at the following currency conversion rates: $1.45=€1 $1.63=£1

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