Fantastic duplex property in Rochester, WNY.
Purchase Price: $32,000 / £21,333
Legal fees: $1250 / £833
UPI Fees: £1995
Total: $24,161
NET Yield: 20.18%
Annual Cash Flow: $6459 / £4306
Property Details:
House Type: 2-family house, 2 two bedroom units. One up, one down.
Rental Value: Both apartments rented for $450 each. Annual gross is $10,800.
Neighbourhood: 14621 Neighbourhood. On a bus line, less than 2 blocks from the hospital. Very convenient location. Mostly tenant occupied homes on this block.
Building condition: Both apartments are in pretty good condition. The house just passed C of O and
lead inspections. Very nice hardwood floors and natural trim and the kitchens have been updated with
new flooring. Mostly new windows throughout. The tenants were in the process of moving the
contents from the upper apartment sister (the one who is moving) to the lower
apartment so the landlord could begin showing the vacant unit so the apartments were somewhat tipped
upside down, tenant kept apologizing for the disarray, read on
Massive 20% yield, Very High Cash flow, Beautiful property
If you're interested in this or any other deals like this then email: ollie@usapropertyinvestor.co.uk OR give us a call on +44 (0)845 438 0634.
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