Real Estate Investing Facts

This proper is now available: 76 Woodward Street Rochester NY.

Don’t Miss this Great Cash Flow Duplex! Purchase Price: $22,000 u.s.

Lot Size: 38 x 140ft. Assessed Value: $35,700

Square Footage: 1767 Rent: Apt. #1 $450, Apt. #2 $625

Rooms: 10 Water: $83 / month**

Bedrooms:Apt. #1 (1), Apt. #2 (3) Maintenance:$108 / month**

Baths: Apt. #1 (1), Apt. #2 (1.5) Insurance:$35 / month**

Heating: 2 Forced Air Gas Furnaces Property Management $107.50 / month

Taxes: $115 / month for 08/09

Utilities: Paid by Tenant (Separate)

Vacancy Rate 5%: $53.75 / month**

** Please note amounts are approximations**

Monthly Net Operation Income (NOI) = $572.75**

CAP Rate = 26%

Check out this great duplex! House has new roof and with some cosmetic upgrades estimated at approximately $5,000, it will be ready for new tenants! House has Certificate of Occupancy. The 2 units will provide great monthly cash flow. Contact us immediately as this opportunity won’t last!

If you are interested in this property, please send your contact information to manager@realestateinvestingfacts.com

Hans Anderson

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I have added a new category called Available Properties. You can go there and see investment properties that are available for purchase. Below is a sample of the kind of property that is available.

50 – 52 MELVILLE STREET, ROCHESTER, NY
Duplex with excellent income potential!
Purchase Price: $54,900 U.S.

Lot Size: 66 x 85ft.

Square Footage: 1923

Assessed Value: $46,000

Rent: $650 up & $615 down / month

Rooms: 12 (6 up and 6 down)
Bedrooms:6 (3 up and 3 down)

Maintenance: $101 / month**

Water: $30 / month**

Baths: 2 (1 up and 1 down)

Insurance: $35 / month**

Heating: Forced Air HE Furnace

Property Management: $126.50 / month

Taxes: $210 / month for 08/09

Utilities: Paid by Tenant (Separate)

Vacancy Rate 8%: $101.20 / month**
** Please note amounts are approximations**

Annual Net Operation Income (NOI) = $7,935.60**
CAP Rate = 14%

Start earning income right away!! This fabulous turn-key duplex has had extensive renovations with a Certificate of Occupancy featuring fresh paint, new roof and many other upgrades. Both units are currently rented to new tenants.

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

At the time of writing this post, this property is still available.
If you are interested in this property, or you would like to be put on a mailing list of properties that are available, please leave you’re contact information in the comments section. You’re email address will not be displayed publicly. Or you can send you’re contact information (name, email ) to manager@realestateinvestingfacts.com
Serious inquires only please.

Hans Anderson

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