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  • 4
  • New York
Price £31,000
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Property Description

22 Bell Road, Buffalo, NY 14225 is a great duplex unit currently being renovated. Built in 1928 the property consists of two 2 bedroom, apartments with the property totalling 1463 square feet on a lot of 3978 square feet and also benefits from a garage and a basement, 22 Bell Rd is a short distance to the Cheektowaga Town Park
The property will be newly tenanted prior to the closing of any sale in the next 3-4 weeks. As part of the purchase process, between reservation and completion, we will provide the purchaser with a Home Inspection Report and copies of the leases.
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: $48,500
Closing Costs: $2,500
TOTAL OUTLAY: $51,000
RENTAL INCOME: $12,600.00per annum

OUTGOINGS:
Property Taxes: $597.00
Water: $600.00
Insurance: $500.00
Management: $960.00
TOTAL OUTGOINGS: $2,657.00
NET INCOME: $9,943.00

THE NET YIELD IS THEREFORE A FANTASTIC 19.50%
For further information or to reserve this property, please complete the enquiry form as soon as possible.

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