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  • 4
  • New York
Price £29,402
  • title image

Property Description

525 Winslow Ave Buffalo NY 14211, is a 2 story duplex consisting of two 2 bed apartments. Built in 1920 the property totals 1,720 square feet on a lot of 2,825 square feet and benefits from a basement. This property is situated within lots of amenities and facilities including the Martin Luther King Park and major highways.
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: $46,000
Closing Costs: $2,500
TOTAL OUTLAY: $48,500
RENTAL INCOME: $12,000.00per annum

OUTGOINGS:
Property Taxes: $419.00
Water: $600.00
Insurance: $500.00
Management: $960.00
TOTAL OUTGOINGS: $2,479.00
NET INCOME: $9,521.00

THE NET YIELD IS THEREFORE A FANTASTIC 19.63%
For further information or to reserve this property, please complete the enquiry form as soon as possible.

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