Important from Mondinion.com! Never pay any "deposit fee" or any other "fee" just to view a property! Any owner / agent who asks you to pay anything by Western Union / Money Gram should be immediately reported to us.
REF ADI 1 $1,650 gross income per month when fully rented. Can be bought for cash or with finance option (tax sale, see notes). THREE rental apartments & a shop/store in one substantial house 2X3 bedroom, & 1X1 bedroom $1,650 gross income per month when fully rented, been vacant & needs re-commissioning to a rent ready standard with a new certificate of compliance from the city this is included in the price then the management company will source the new tenants. =Tax sale property, will be bought up to rent ready standard, see notes =Will be tenanted for the new owner. =Cash price $37,000 / £23,125/ €28,461 Inc renovation work Price (est) with tax repayment scheme $24,000 / £15,000/ €18,461 Will be tenanted once renovation work is complete =Gross annual return when fully let: 53%* =Net annual return, after fixed running costs: 36%* =Substantial rental property in =favored rental location =Providing 2 x 3 & 1 x 1 bed apartments & small shop/storage Key features • Price (EST) with tax repayment scheme $24,000 / £15,000/ €18,461 Inc renovation costs. • Cash price $37,000 / £23,125/ €28,461 Inc renovation costs. • Gross annual return when fully let $19,900/£12,237/€15,307 53% • Net annual return after fixed running costs $13,203/£8,251/€10,156 % • Renovated to a rent ready standard for the new owner within the purchase price. • And will receive a new be Certificate of compliance from the city • Substantial property in a favored rental location. • Situated on corner plot, $60,000 assessed value • Providing 2 x 3 & 1 x 1 bedroom apartments + shop/store. • Full management & purchase service provided Financial details Achievable rent roll $600 + $600 + $450 Net rental yield when fully let and after fixed annual running costs ($19,800 – less running costs; $1,980 management, $1,500 water and insurance, $3,117 property taxes=$13,203) Gross rental income; $1,650 / £1,031 / €1,269 per month Net rental income; $1,110 / £693 / €846 per month Buying expenses *The all-inclusive purchase costs for this property are $4,000.You could own this property for the all in cash price of $41,000 and not a cent more, approximately £25,625/ €31,138 or on the tax repayment scheme $28,000/£17,500/ €21,538 with all buying, legal fees & commissions paid. We will have the property surveyed and a full management report prepared for you on the property, THERE ARE NO HIDDEN EXTRAS, ALL THIS IS INCLUDED IN THIS PRICE.
Other Details: Number of Bedrooms: 7, Number of Bathrooms: 3
This property is located in: SYR, Siracusa, Sirak'jus, Sirakjuz, Sirakuso, Syracusae, Syracuse, Syracuse i New York, sayrakywz, shirakyusu, shirakyuzu, sileokyuseu, sirekyuja, syrakywz, nywywrk, xi la qiu ci (New York, United States).
For more details about this listing please click here to access the webpage provided by listing owner.
Neighborhood
Tourism 1 landmarks in the vicinity
Tourism
Hotel
Current filter contains 0 landmarks
Click on the icons to select or deselect a category...
FILTERS
Tourism
Lingfield Park Marri... Hotel ~ 0,428 km
Request More Details about this Property
American Dream Investments (Real Estate Agent) from United States
About American Dream Investments
Welcome to American Dream Investments. We provide an all-inclusive service sourcing investment properties in Syracuse, New York State, USA. It is our aim to source properties for our clients providing an average annual return up to 20% net, after annual management and fixed annual running costs, and up to 40% gross per annum. We offer a tailor-made service to suit each client’s individual requirements, ranging from the small investor who wants to buy just one property to large investment companies who are seeking to build property portfolios or pension plans. With the cost of investments starting in the region of $25,000, we are able to offer a service that allows even the smallest investor to start building a property portfolio. Some of the properties we currently have available can be viewed on our property pages on our website www.americandreaminvestments.net