2-723118-245 RIDGEWAY HAS 7 APARTMENTS IN THIS BUILDING & IT IS SELLING FOR $160K/£80K - LOCATED IN NEW YORK STATE
WELCOME
WHY BUY COMMERCIAL?
MULTIPLE APARTMENTS
PARTNERS/AFFILIATES
DISCLAIMER
CONVEYANCING COST
BUYING VISITS
OUR TERMS
REDECORATION
MORTGAGE COSTS
RESERVATION FORM
TYPICAL Q&A
BUYING PROCESS
GENERAL CLOSING COST
Great building boasting 7 Multi family Apartment Units /Gross Annual Income: $36,840
Key selling points for 723118.245
* VERY IMPRESIVE 7 Apartment Units at ONLY $160K/£80k
* ALREADY LET!!!!!
* Finders Fee: $3,000
* Reservation Fee: $1,500
* Sound Capital Growth
* Great Long-Term Investment!
We have discovered for you this superb building consisting of 7 Apartment Unit (flats) in Western New York State. This building is a unique money maker already tenanted! The property is in an excellent location, close to a major City Centre with good transport links and activities.
Annual Gross Rent: $36,840
FEATURES:
Featuring front and back porch, staircases, ample parking and a 4 car garage with separate bays! Built in 1925, boosting 5,200 Sq Ft in total with 100% occupancy rate.
CASH FLOW OUTLOOK
Purchase price - $160,000 (£80,000)
Deposit – $40,000 (£20,000) IF A MORTGAGE IS REQUIRED
Monthly Rental Income - $3,070 USD/ £1,535/month
80% Mortgage at 6.25% - $868.53/£443.40/month
Management 12.5% - $383.75/£191.87
Taxes - $746.08/£373.04
Net Monthly Income if mortgaged- $1,071.64/£535.82
Net Monthly Income if cash Purchased: $1,940.13/£970.06
* VERY IMPRESIVE 7 Apartment Units at ONLY $160K/£80k
* ALREADY LET!!!!!
* Finders Fee: $3,000
* Reservation Fee: $1,500
* Sound Capital Growth
* Great Long-Term Investment!
We have discovered for you this superb building consisting of 7 Apartment Unit (flats) in Western New York State. This building is a unique money maker already tenanted! The property is in an excellent location, close to a major City Centre with good transport links and activities.
Annual Gross Rent: $36,840
FEATURES:
Featuring front and back porch, staircases, ample parking and a 4 car garage with separate bays! Built in 1925, boosting 5,200 Sq Ft in total with 100% occupancy rate.
CASH FLOW OUTLOOK
Purchase price - $160,000 (£80,000)
Deposit – $40,000 (£20,000) IF A MORTGAGE IS REQUIRED
Monthly Rental Income - $3,070 USD/ £1,535/month
80% Mortgage at 6.25% - $868.53/£443.40/month
Management 12.5% - $383.75/£191.87
Taxes - $746.08/£373.04
Net Monthly Income if mortgaged- $1,071.64/£535.82
Net Monthly Income if cash Purchased: $1,940.13/£970.06
OUR EMAIL: apartments@kingdomcommercial.50megs.com
Our Contact Address
Suite 110, 7862 W irlo Bronson Hwy, Kissimee, Florida, 34747, USA
Our Contact Phone Numbers
New York Office: 1 716 898 0779; Florida Office: 1 321 392 4495
