Multi-Family House in Buffalo
For Sale by Owner |
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| Asking Price |
USD 42,390 |
| Property Type |
Multi-Family House |
| Year Built |
1910 |
Property Address :
6 Newton Street,
Buffalo, New York 14212
Erie County
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Seller information:
Name : Mel Kim Http://buy-income-properties.com
Phone: 7184847224 |
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| Floors : |
2 |
| Garage Size: |
2 Car |
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| Size : |
6150 sq. feet |
| Lot Size : |
2700 acres |
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Description:
Newly Renovated and Rented with annual gross income of $9420 in Buffalo NY. This Income property is a great opportunity for investment. Net Price is $42,390
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$14,130 Back at Closing Cash to You = Net Investment $42,390.00
Rock Solid Facts
23.93% return on Investment cash on cash
NO CLOSING COST
One Year home warranty
One Year management free
One Year Rent Guaranteed
One Year Tenant Guaranteed
Instant Cash back at closing over $14,130.00
Positive cash flow from day one
Hud / Section-8 issued over 15,000 Vouchers
Great management team to deal with tenants / maintenance
Qualified Tenant
This property will not require any of your work related involvement
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With a brand new roof and located only minutes from downtown Buffalo, NY and adjacent to Central Train Terminal, thriving arts and entertainment districts, your new home sits on a large, shaded, corner lot with easy alley entrance to the oversized garage. Boasting convenient access to schools, shopping, dining and I-190, this home is ideal for growing families that appreciates lots of space. A fresh renovation of the home’s interior includes a tasteful remodel extended to all 5 bedrooms, bathrooms, living rooms, formal dining room and eat-in kitchen. Updates include new flooring throughout, fresh paint inside and out, updated electrical, and more. With two of the five bedrooms upstairs, this home can also offer the option of a little quiet time for mom and dad to relax. The homes generous two-car garage with laundry hook-ups could also accommodate the added use of a workshop. Tax records do not reflect approximate square footage reflected in listing.
Property Amenities:
Brand New Furnaces
Brand New Hot Water Heaters
New Plumbing Throughout
Updated Electrical
Refinished Hardwood Floors
Brand New Carpet
Freshly Painted Interior
Original Woodwork Trim
New Kitchen & Bath Floors
Separate Utilities
Rental Information: Tenant just signed new one-year section-8 lease 3-BR Unit is rented for $435 month and the 2-BR Unit is rented for 350.00. Current Property Manager will stay on at New Owner’s request.
Purchase Terms: This property can be purchased via an all-cash of
http://www.FSBOads.com/12721
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Nearest Properties:
4BR/2BA Multi-Family House for Sale in Buffalo, NY 14212 - $40,662 (0.1 mi)
4BR/1BA House for Sale in Buffalo, NY 14212 - $34,986 (0.2 mi)
3BR/2BA House for Sale in Buffalo,, NY 14211 - $34,000 (2.3 mi)
3BR/1BA Home for Sale in Buffalo,, NY 14211 - $32,500 (2.3 mi)
3BR/1BA Home for Sale in Buffalo, NY 14211 - $32,500 (2.3 mi)
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Photo Gallery |
Buffalo NY Income Property
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2 Family House CHEAP Buffalo NY
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2 Car Garage HOUSE is FULLY Renovated
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| Submission Date: |
07-16-2009 |
| Last Updated: |
07-16-2009 |
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