Homes Abroad the UK's leading guide to Holiday Homes Abroad

  • 6
  • New York
Price £35,794
  • title image

Property Description

155 Goulding Ave, Buffalo is a substantial duplex property arranged as two 3 bedroom apartments which are already let to ensure an excellent income from day one. The property is located in the popular Hamlin Park district which importantly enjoys a high ongoing rental demand.

Built in 1928, the property totals 2,695 square feet on a lot of 3,675 square feet.

The property is offered in good condition and is already tenanted. Additional photos are available on request. A Home Inspection report will be made available prior to closing so the purchaser can appreciate the quality of the property.

Unlike many of our competitors, we take into account all closing and ongoing costs to give you a genuine net yield!

KEY FIGURES:

Purchase Price: $56000

Closing Costs: $2,500

TOTAL OUTLAY: $58,500

RENTAL INCOME: $15,900 per annum

OUTGOINGS:

Property Taxes: $1,050

Insurance: $600

Management: $2,190

TOTAL OUTGOINGS: $3,840

NET INCOME: $12,060

THE NET YIELD IS THEREFORE A FANTASTIC 20.61%

For further information or to reserve this property, please complete the enquiry form as soon as possible.

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