| Property Reference: CPI2044B | |
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Ref: CPI2044B Area: Buffalo Type: MULTI UNIT PROPERTY IN BUFFALO Agreed Price: € 25,000 Gross Monthly Rental Income: € 671 Net Monthly Rental Income: € 477 |
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| Total Cost to buy this property including all purchase costs and fees € 28,374 | |
ALREADY TENANTED MULTI UNIT PROPERTY SAME TENANT FOR OVER 30 YEARS IN LOWER UNIT !!! 2 x 3 bedroom Apartments bringing in a combined monthly rent of $900. No Repairs to be made | |
SECURED PRICE OF PROPERTY: $33,500 / €25,000 / £22,333 TOTAL COST TO PURCHASE THIS PROPERTY FREEHOLD INCLUDING ALL PURCHASE COSTS & FEES: $38,215 / €28,374 / £25,383
This is a multi unit property in Buffalo, Western New York. Both units offer 3 bedrooms, living room, dining room, kitchen and bathroom. The property measures 2,316 sq ft of build area, with a garden measuring 3,270 sq ft. Both units are fully tenanted, the upper unit rents for $400 a month and the lower unit rent for $500 a month, the tenant in the lower unit has been residing in the property for over 30 years. Both units provide a colossal gross monthly rental income of $900. The property also boasts having no repairs to be carried out by the successful buyer. GROSS MONTHLY RENTAL INCOME: $900 / €671 / £600 Monthly expenses include:
THIS WILL GIVE YOU A NET MONTHLY INCOME OF: $637 / €477 / £426 NET INCOME PER ANNUM: $7,644 / €5,724 / £5,112 We bring to you the whole Package:
All prices are calculated at the following currency conversion rates: $1.34=€1 $1.50=£1 | |
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