Ref: HS2518525

Duplex for sale in Buffalo, Western New York, United States

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USD $40,500 (approx. GBP £25,716)

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Property Details

Property: Duplex (Buy To Let)
Bedrooms: N/A
Bathrooms: N/A
Receptions: N/A

702 H Buffalo, (USA) TWO UNIT PROPERTY

ANOTHER FINE EXAMPLE OF A QUALITY PROPERTY IN A DESIRABLE AREA OF BUFFALO, WESTERN NEW YORK WHERE THE PROPERTY MARKET HAS NOT BEEN SUBJECT TO THE BOOM AND BUST EXPERIENCED IN MANY OTHER US STATES, MAKING IT IDEAL AS AN AFFORDABLE INVESTMENT. Rents gross $1000 per month. = 29% Gross Yield, (18% Net)

Features

SOLID WELL MAINTAINED SOUTH BUFFALO PROPERTY IN A GOOD NEIGHBOURHOOD WITH REALISTIC PROSPECTS OF INCREASE IN VALUE, WITHOUT THE ASSOCIATED PROBLEMS FOUND WITH CHEAPER PROPERTIES IN PROBLEM NEIGHBOURHOODS

Conveniently located 3 bed two unit property. Steps to grocery store, dining, shopping and bus route. Full blown in insulation for low heat bills (paid by tenants). Roof '98 good condition. Great yielding property, tenants waiting. Full tenancy grosses $12,000/yr (30% yield). Tenants pay own utilities.

DOWNSHIRE PROPERTY INVESTMENTS OFFER A FULL SET-UP SERVICE AND SUPPORT PACKAGE WITH THE PEACE OF MIND OF THE MOST PROFESSIONAL OF PROPERTY MANAGEMENT COMPANIES

Property Features

* Copper Plumbing - Some
* Circuit Breakers - Some
* Lead Paint Hazards Unknown
* Natural Woodwork - Some
* Fully Fenced Yard
* Vinyl
* Wood
* Full Attic
* Full Basement
* No Driveway
* Near Bus Line
* Lotsize: 28x146
* Road Frontage: 28
* Hotwater Heat
* Radiant Heat

Unit 1

* Beds: 3
* Baths: 1
* Living Room: 11x11
* Dining Room: 11x11
* Kitchen: 15x12
* Bedroom 1: 9x8
* Bedroom 2: 9x8
* Bedroom 3: 9x8

Unit 2

* Beds: 3
* Baths: 1
* Living Room: 11x11
* Dining Room: 11x11
* Kitchen: 15x12
* Bedroom 1: 9x8
* Bedroom 2: 9x8
* Bedroom 3: 9x8
* Type of Tenancy: Month to Month

Location

City

Why Buffalo, New York?

*
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- Example Properties
$125 000
$70 000
$40 000
$4 Billion of investment in the redevelopment of the city
* Good prospects for steady growth
* Established and growing rental market
* 20% gross yields
* Buyers market
* Many properties discounted by as much as 15%

Western New York is one of the USA’s centres of high technology and research, and retail sales are a healthy and growing segment of the region's economy.

Of increasing importance to the area's economy are the University of Buffalo's two campuses in Buffalo and Amherst, which support more than 50 research centres, some of global importance.

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