Another Duplex Available Right Next Door To The Last One

Author: Hans Anderson  //  Category: Sold Properties

Turn-Key Duplex – Buy Them As A Pair!
Purchase Price: $49,900 U.S.

253 DRIVING PARK AVENUE, ROCHESTER, NY

Lot Size:

42 x 117ft.

Zillow Value:

$57,500

Square Footage:

1,774

Rent:

$550 & $550 / month

Rooms:

9

Water:

$40 / month**

Bedrooms:

2 & 2

Maintenance:

$55 / month**

Baths:

1 & 1

Insurance:

$30 / month**

Heating:

Forced Air

Property Management

$110 / month

 

 

Taxes:

$245/month for 08/09

 

 

Utilities:

Paid by Tenant

 

 

Vacancy Rate 10%:

$110 / month

** Please note amounts are approximations**

                                   

Annual Net Operation Income (NOI) = $6,120**


This duplex opportunity will be fully rehabbed complete with new furnace and tenanted for you so it will cash flow immediately! 

Contact us immediately as this opportunity won’t last! 

 

 

 

CAP Rate = 15%

Why Invest in Rochester, NY?

Investment Real Estate in Rochester offers an exceptional opportunity to acquire reasonably priced housing in a region with high rental demand.  Most investment areas offer reasonably priced housing many investment regions offer exceptional rental demands.  Rochester, NY offers investors both reasonably priced housing and high rental income, making Rochester a unique market for an investor to build a high yield portfolio.  Most investment opportunities generate the initial down payments in the first eighteen months.  While the nation experienced a bubble burst, Rochester, NY steadily experienced a 3% increase in appreciation

Picture available upon request, Please contact manager@realestateinvestingfacts.com

Hans Anderson

Subscribe in a reader

Tags:

Leave a Reply

*

Security Code: