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8 Unit Cash Cow with Full Tenants and Assumable Mortgage
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About this more than 12 - Unusual |
8 UNIT WEALTH BUILDING OPPORUNITY WITH RETURNS THAT BUILD FINANCIAL INDEPENDENCE!!! 100% OCCUPANCY!!!!
ANNUAL RENTS OF OVER $52,000!!
For details of this property, please visit us at
http://www.zion-rei.com/uk2.asp
ASSUMABLE LOW INTEREST MORTGAGE!!
THE UNITS:
This Outstanding 8 unit High Cash Flow property is equipped for any investor seeking Financial Independence and Wealth Building opportunities. All of the units have 2 bedrooms. Three units rent for $509; two rent for $519; and the others rent for $639, $629, $539 per month, a total of $4,372; that’s an Outstanding $52,464 per year!! The property is Fully Tenanted providing you with Instant Cash Flow!!
The owner does pay the utilities, this is already included in your annual expenses below, and so your returns will remain high!! Also included in the sale is a 3 car garage!
PROPERTY CONDITION:
Overall the property seems to be in good condition. The seller states that the roof is between 5 and 7 years old; and is a combination of pitched shingle and flat rubber. There are two boilers, one is less than 15 years old and has been serviced, and this boiler heats two of the units. The other boiler is 3 – 4 years old and heats the other 6 units. the hot water tanks are about 4 years old and are 80 gallon tanks with high recovery; Each unit has fuse boxes for the electrical; and the plumbing is a mix of galvanized and copper.
For further details, please visit us at
http://www.zion-rei.com/uk2.asp
HIGH EQUITY - SAVE OVER 2K PER UNIT!
Comparable properties in the area are typically selling for up to $35,500 per unit and higher! When you click "Buy Now" you'll have immediate equity in the property as well as great cash flow returns!! This long term equity could compliment the already existing and reliable High Cash Flow!!
Please visit us at the above website or call Edward Shin at 1 (917) 841-6213
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| City/Town: |
new york |
| Address of Property: |
800 Block of Kenmore Ave |
| Postcode/Zip: |
14216 [map] |
| Bedrooms: |
more than 12 |
| Reception Rooms: |
more |
| Bathrooms: |
8 |
| Type of Property: |
Unusual |
| Price: |
USD 267900.00 [convert] |
Features |
| Central Heating: |
Gas |
| Burglar Alarm: |
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| Parking Facilities: |
Garage |
| Gardens: |
Front & Rear |
| Double Glazed: |
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| Near Shops: |
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| Near School : |
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| Loft: |
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| Utility Room: |
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| Patio: |
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Extra Features |
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Area Information |
| There is no better way to build wealth than Investing in Real Estate! Western New York offers a prime market, with low purchase prices and high rental prices. The steady flow of potential renters will help keep your property occupied and the rental income rolling in!
ABOUT THE AREA:
Your tenants will benefit from the many conveniences this location has to offer. It’s close to schools, groceries, banks, churches, and steps from public transportation. Plus, your tenants are within a few miles of 4 colleges: University of Buffalo, Buffalo State, Canisus College, and Medaille College. Plus, they are close to plazas and a nice mall. Its no wonder the property is Fully Tenanted!!
BBuffalo NY is on Fortune Magazine’s forecast list of Top 100 Real Estate Markets! Buffalo is slated to see around a 5% appreciation, which is almost triple, the usual for this region!! See the full article: http://money.cnn.com/pf/features/lists/re_growth_forecast |
Contact Information |
| Email Seller: |
Email Seller |
| Contact person: |
Edward Shin |
| Advertiser Type : |
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| Phone: |
917 841-6213 |
| Sellers City, County : |
new york New York United States |
| URL: |
www.zion-rei.com |
| Map: |
View property location |
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See other listings by this user (0) |
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| Additional photos
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| Loan |
Typical APR |
| Moneyback Bank Loan |
7.6% |
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| Alliance & Leicester Personal Loan |
7.7% |
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| Bank of Scotland Personal Loan (Semi-exclusive) |
7.7% |
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| Halifax Personal Loan (Semi-exclusive) |
7.7% |
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| Barclaycard Personal Loan |
7.8% |
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