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  • 5
  • New York
Price £25,248
  • title image

Property Description

80 Zenner St, Buffalo, NY 14211 is a duplex property located in the popular Genesee Moselle district comprising a two bedroom apartment and a three bedroom apartment.



The property is currently being refurbished to a high standard and tenants are lined up to move in within the next 4 weeks prior to the closing of the sale. As part of the purchase process, an Inspection Report and copies of the leases will be provided.

This opportunity is priced to sell now and can be reserved with a deposit of $2,500 to the lawyers escrow account.

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: $39,500

Closing costs: $2,500

TOTAL OUTLAY: $42,000

RENTAL INCOME: $13,200 per annum

OUTGOINGS:

PROPERTY TAXES: $750

Water: $600

Insurance: $550

Management $1,200

TOTAL OUTGOINGS: $3,100

NET INCOME: $10,100

THE NET YIELD IS THEREFORE A FANTASTIC 24.05%

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

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