Multi Unit Property in Buffalo
This lovely multi unit property consists of 2 x 2 bedroom apartments of which both units are rented to long term tenants bringing in a combined monthly income of $900 !
SECURED PRICE OF PROPERTY: $32,000 / €22,222 / £19,753
TOTAL COST TO PURCHASE THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS & FEES: $36,815 / €25,515 / £22,724
•Detached Multi Unit Property in Buffalo, WNY
•Both Units Already Rented to Long Term Tenants.
•Income from Day 1 of Purchase
•Fantastic Low Cost Investment Opportunity
This lovely multi unit property has recently been renovated and redecorated and comes with no repairs to be made by the buyer.
Both units offer 2 good sized bedrooms, living room, kitchen and bathrooms and measures 1,522 sq ft of build area and also has garden measuring 3,200 sq ft. as well as a 2 car detached garage and driveway.
Both units are fully tenanted and providing a combined gross monthly rental income of $900. The rent is guaranteed by the seller for 3 months after completion/closing.
The property also boasts having no repairs to be carried out by the successful buyer.
GROSS MONTHLY RENTAL INCOME: $900 / €625 / £555
Monthly expenses include:
•Property Tax of $72 / €50 / £44
•Rental Management Fee of $90 / €62/ £55
•Water Utility Charge of $60 / €41 / £37
THIS WILL GIVE YOU A NET MONTHLY INCOME OF: $678 / €472 / £419
NET INCOME PER ANNUM: $8,136 / €5,664 / £5,028
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: $1.44=€1 $1.62=£1
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