Medhead.com

27753252 - Buy a Townhouse in USA, New York, Erie County, Buffalo

  • This property has been added by Synergy Property Investments (Global Investments Incorporated)
  • For further details contact the advertiser directly using the form at the bottom of the page
  • Tick the tickbox at the bottom of the page for automated alerts when similar new properties are added
  • Opt in to contact from partners offering foreign currency, overseas mortgage, or legal services
<< Back to search results

Five apartment house

Property Information

Type: Townhouse Property ID: 27753252
Location: Buffalo, USA Added on: 19 Mar 2017
Price: £44,704

Short Description

This large five apartment building is a rare find at $58,500 and with a high net return of 30%.

Key Information

  • Property ID: 27753252
  • Location: Buffalo
  • Property Type: Townhouse
  • Prices: £ 44,704 / € 51,747 / $ 58,500
  • Detatched
  • Garden
  • Suburban
  • Town
  • Basement

Full Description

This is a very rare and unique opportunity to purchase a five apartment building in Upstate New York. Properties of this size and at this price rarely come on the market. This huge building is made up of five separate studio apartments, each of which has its own entrance. All five of the apartments have been recently updated and all are under management by one of the leading Niagara Falls management companies. The combined rent for this property is $24,780 per year and it yields a 30% net return annually.This property is located in Zip Code 14301 Niagara Falls which is just five miles from Downtown Niagara Falls. It is also only two miles from the main University and less than two miles from Hyde Park Golf Course. The Airport is only four miles aways.

 

Investment Details

 

$24,780 rent a year.
$2,478 management fee.
$2,490 taxes.
$1,000 insurance.
= 30% net return.

Contact the Advertiser

CAPTCHA

Property Alerts

  • Townhouse
  • 5 bedrooms
  • USA
  • Buffalo
Note: You can 'widen' the alert by clicking on items in the above list to remove them

Useful Services

Send my request

Related Properties