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  • 5
  • New York
Price £24,928
  • title image

Property Description

185 French St, Buffalo, NY 14211 is a substantial duplex property arranged as a 3 bedroom apartment and a two bedroom apartment located in the popular Martin Luther King district.


The property is currently being refurbished and will be newly tenanted prior to closing in the next 2-3 weeks.

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: $39,000



Closing costs: $2,500



TOTAL OUTLAY: $41,500



RENTAL INCOME: $12,600 per annum



OUTGOINGS:



PROPERTY TAXES: $730



Water: $600



Insurance: $650



Management: $1,260



TOTAL OUTGOINGS: $3,240



NET INCOME: $9,360



THE NET YIELD IS THEREFORE A FANTASTIC 22.6%

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

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