SECURED PRICE OF PROPERTY: $31,500 / €21,140 / £19,325 TOTAL COST TO PURCHASE THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS & FEES: €24,396 / £22,291 - Excellent Low Cost Investment Opportunity
- Multi Unit Property in Buffalo, WNY
- Income from Day 1 of Purchase
- Complete Unrivalled Personal Purchase Supervision
A great opportunity to purchase a Multi Unit Property in Buffalo City, Western New York. This property consists of 2 seperate apartments which are fully tenanted and are guaranteed to be a the time of closing / completion. Both units consists of a lounge, dining room, kitchen, 2 bedrooms and a full bathroom and rents for $400 and $450 per month. The property measures 1,672 square feet of build area on a plot size of 3,000 sqaure feet. This property comes fully tenant occupied and provides a gross mopnthly income of $850. GROSS MONTHLY RENTAL INCOME: $850 / €570 / £521 Monthly expenses include: - Property / House Tax $86 / €57 / £52
- Property Management fee of $85 / €57 / £52
- Water Utility charge of $60 / €40 / £36
THIS WILL GIVE YOU A NET MONTHLY INCOME OF: $619 / €416 / £381 NET INCOME PER ANNUM: $7,428 / €4,992 / £4,572 BUFFALO CITY is often referred to as the Queen City because it´s the 2nd largest City after New York City itself. It is located on the Niagara River near the eastern end of Lake Erie and only 10 miles from Niagara Falls and the border of Canada. Buffalo is the cultural and economic centre of the Western New York region and is home to renowned art galleries, diverse entertainment, world famous architecture and internationally recognised universities. From financial services to manufacturing, from medical research to professional support services, to high growth areas like technology services and development, dozens of industry sectors call Buffalo home. Some of the major employers here include: HSBC with it´s North America Headquarters, M&T and Fleet Bank, Geico Insurance, Ingram Micro, InBev (the worlds largest producer of beer) as well as Labatt both have their US HQ in Buffalo. These are areas where the property rental market is in high demand due to low income levels and where tenants want to remain in the same property for years, often for life! We bring you the whole package: - Low Priced Multi Unit Property with High Yield Income
- Income from Day 1 of Purchase
- Engineers Home Inspection Completed
- Attorney at Law ( Lawyer) Assigned
- Completed Unrivalled Supervision of your Purchase from Start to Finish
Prices have been calculated at the following currency rates: $1.49 = €1 $1.63 =£1 |