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  • 3
  • New York
Price £18,536
  • title image

Property Description

31 Hill, Buffalo, New York is a detached 3 bedroom single family home within a short distance of numerous facilities/amenities including Buffalo Zoo, Erie County Medical Center, Suny University and Delaware Park Golf Course.

Built in 1913 the detached property totals 815 square feet on a lot of 3,933 square feet. The property also benefits from a garage and a basement.

The property is currently being refurbished and 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: $29,000
Closing Costs: $2,500
TOTAL OUTLAY: $31,500
RENTAL INCOME: $7,800.00 per annum
OUTGOINGS:
Property Taxes: $426.00
Insurance: $400.00
Management: $780.00
Water: $500.00
TOTAL OUTGOINGS: $2,106.00
NET INCOME: $5,694.00

THE NET YIELD IS THEREFORE A FANTASTIC 18.08%
For further information or to reserve this property, please complete the enquiry form as soon as possible.

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