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

  • 4
  • New York
Price £32,598
  • title image

Property Description

107 Grimes St, Buffalo, NY 14212 is a spacious duplex property consisting of two 2 bedroom units. Built in 1928 the property totals 1,797 square feet on a lot of 2,614 square feet and benefits from a basement. This property is situated in the popular Lovejoy district which enjoys easy access to all amenities.

The property has just been refurbished and new tenants are lined up to move in within a week to ensure and excellent income from day one.

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: $51,000

Closing Costs: $2,500

TOTAL OUTLAY: $53,500

RENTAL INCOME: $12,600

OUTGOINGS:

Property Taxes: $427

Water: $600

Insurance: $600

Management: $960

TOTAL OUTGOINGS: $2,587

NET INCOME: $10.013

THE NET YIELD IS THEREFORE A FANTASTIC 18.72%

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

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