$34,500 Tenanted Niagara Falls buy to let duplex with 20.6% net yield
1121 Linwood St, Niagara Falls, NY 14305 comprises a 2 family house constructed in 1936 and recently the subject of modernisation. Interior photos are available upon request. Each of the 2 apartments has 2 bedrooms, bathroom, lounge, dining room and fitted kitchen and totals around 1,000 square feet. Both are let to tenants at $400 per month ensuring a great return from day one. The property is located about 2 miles from the Water Falls,…
1121 Linwood St, Niagara Falls, NY 14305 comprises a 2 family house constructed in 1936 and recently the subject of modernisation. Interior photos are available upon request.
Each of the 2 apartments has 2 bedrooms, bathroom, lounge, dining room and fitted kitchen and totals around 1,000 square feet. Both are let to tenants at $400 per month ensuring a great return from day one.
The property is located about 2 miles from the Water Falls, Canada and new Casino/Resort.
Unlike many of our competitors, we take into acount all closing and ongoing costs to give you a genuine net yield!
KEY FIGURES:
Purchase Price: $34,500
Buying Costs: $2,500
TOTAL OUTLAY: $37,000
RENTAL INCOME: $9,600 per annum
OUTGOINGS:
Taxes: $600
Water: $400
Insurance: $500
Management: $480
TOTAL OUTGOINGS: $1,980
NET INCOME: $7,620
THE NET YIELD IS THEREFORE A FANTASTIC 20.6%.
For further information or to reserve this property, please complete the enquiry form as soon as possible.
