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

  • 8
  • New York
Price £54,330
  • title image

Property Description

73 Pershing Ave, Buffalo NY 14211, is a substantial TRIPLEX arranged as 3 units with a total of 8 bedrooms and 3 bathrooms.

Built in 1870, the property totals 2,496 square feet on a lot of 4,050 square feet and benefits from a basement. The property is situated in the popular Medical Park district which enjoys easy access to downtown Buffalo.

The property is in the process of being refurbished to a high standard. These works will be completed and the property will be fully tenanted on or before the end of January prior to the closing of the sale.

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: $85,000

Closing Costs: $3,500

TOTAL OUTLAY: $88,500

RENTAL INCOME: $19,200

OUTGOINGS:

Property Taxes: $684

Water: $725

Insurance: $600

Management: $1,440

TOTAL OUTGOINGS: $3,449

NET INCOME: $15,751

THE NET YIELD IS THEREFORE A FANTASTIC 17.8%

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

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