SECURED PRICE OF PROPERTY: $50,000 / €33,557 / £29,762 TOTAL COST TO PURCHASE THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS & FEES: $54,935 / €36,813 / £32,699 - Detached Multi Unit Property in Rochester
- Excellent Condition Throughout
- Already Rented to Tenants
- Income from Day 1 of Purchase
- Exceptional Investment Opportunity
This city home is a large multi unit property that is in excellent condition throughout and boasts many updates. Both units offer 3 good sized bedrooms, living room, eat-in kitchen, laundry room and bathroom. This large multi unit measures 1,922 sq ft of build and is on a plot size of 6,039 sq ft. Both units are fully rented to clean and tidy tenants and provides a massive gross monthly rental income of $1,300. GROSS MONTHLY RENTAL INCOME: $1300 / €872 / £773 Monthly expenses include: - Property Tax of $147 / €98 / £87
- Rental Management Fee of $130 / €87 / £77
- Water Utility Charge of $60 / €40 / £35
THIS WILL GIVE YOU A NET MONTHLY INCOME OF: $963 / €647 / £574 NET INCOME PER ANNUM: $11,556 / €7,764 / £6,888 ROCHESTER CITY is the 3rd largest city in Western New York after New York City. It is an area that is coming out of recession and where the cheap property market is investor driven. Investors from all over the world have already invested into this low cost investment market and have been reaping the benefits from the high yield rental income it has to offer. This is a city where there are large employers such as Kodak, Xerox, Wegmans Foods and the Optical Science University, that is ranked no. 1 in its field in America. A vibrant, prosperous and ever expanding city with excellent shopping and leisure facilities, a first class hospital and education services. A city full of culture and history as well as a calendar packed with interesting events. This is an area that has been ranked in the top 10 cities/places to live in America. We bring to you the whole Package: - Low Priced Multi Unit Property with Exceptional High Yield Rental Income
- Both Units Already Rented to Tenants
- 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: $1.49=€1 $1.68=£1 |