27% potential net return, fully managed investment property (MD1894637)
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 5 Fully Rented producing a gross monthly rent of $1,500 Good North-side location, tenants in place income from day one substantial investment property of THREE APARTMENTS in a good city rental location, below assessed value Price $44,900/£28,062/€34,538. 1. Long-term tenants, immediate income 2. Assessed value $62,000 sold 2006 $56,000 3. Gross annual return when fully let: 40% 4. Net return when fully let, after fixed running costs: 27% 5. Rental income $18,000 PA 6. Less than a mile from downtown Syracuse 7. Good rental location, good residential street. 8. Property consisting of THREE apartments 1X3,2,1 Bed Key features • Asking price $44,900/£28,062/€34,538. • Gross annual return $18,000 / £11,250 / €13,846 40% • Net annual return after fixed running costs $12,400/£7,750/€9,538 27% • Fully managed & let producing income from day one • Attractive property in an elevated position. • Descent sized fenced back yard/garden. • Much better than average North side location • Well maintained by current owner. • Content tenants that wish to stay • Full management service provided Financial details Rent roll $600 + $500 + $400 per month Net rental yield when fully let and after fixed annual running costs ($18,000 – less running costs; $1,800 management, $1,500 water and insurance, $2,300 property taxes, =$12,400) Gross rental income; $1,500 / £937 / €1,153 per month Net rental income; $1,033 / £646 / €794 per month Buying expenses The all-inclusive purchase costs for this property are $4,000.You could own this property for $49,000 and not a cent more, approximately £30,650 / €37,692 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: 6, 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
Properties in North America - About Us - Terms of Service - Privacy Policy - Contact Us - Resources - Real Estate Software NEW! Properties in North America is the North America real estate listings portal. Properties in North America is maintained and operated by Premier World Ltd. a registered EU (European Union) company. Our VAT number is: RO11732745. PropertiesinNorthAmerica.com is part of Mondinion.com International Real Estate Network.