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REF ADI9
West-side Syracuse city location
Two apartments 1 + 2 bedrooms
Price $27,000 excellent condition.
Gross annual return: 53%
net annual return, after fixed running costs: 26%
High Yield Investment opportunity situated in Syracuse, New York State.
CLICK HERE FOR MORE PICTURES & DETAILS OF ADI9
Our comments; This property is very attractive and is in excellent order throughout; it consists of two fully rented apartments with 2 x 1 bedrooms and has a separate garage with electric opener with a nice back garden. The property has one furnace so the cost of the heating has to be included within the rent and the rents have been increased to cover the cost of this, the tenant are currently paying $700+ $500 a month, our advice to a new owner is to leave this arrangement as it is for the summer when heating costs are low and then consider putting an additional furnace in for the winter when heating costs are high so making the tenants responsible for their own heat, the cost of this would be in the region of $2,000 and could be carried out by the management company on request.
Property Type
Detached double family property consisting of two apartments (2 x 1 bedroom apartments)
Key features
· Asking price $27,000 / £17,419/ €20,000
· Gross annual return $14,400 / £9,290 / €11,077 53%
· Net annual return after fixed running costs $7,060 / £4,554 / €5,229 26%
· Assessed value $41,000
· Consists of two apartments
· Fully let & income producing.
· Full management service provided
Financial details
Net rental yield after fixed annual running costs
($14,400 – less running costs; $1,440 management, $1000 water and insurance, $1,900 property taxes, $3,000 heating =$7,060)
Gross rental income; $1,200 / £774 / €923 per month
Net rental income; $588 / £379 / €435 per month
Buying expenses
The all inclusive purchase costs for this property are $4,000.You could own this property for $31,000 and not a cent more, approximately £20,000 / €22,962 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.
Approximate breakdown of purchase costs per property are as follows;
Legal costs: $1,200
Survey costs / Property report: $1,000
Commission / fees: $1,800
Please note that with the ever changing exchange rates we have used £1=$1.55 & €1= $1.35 for guidance only, as all property prices are set in USD.
INTERESTED IN THIS PROPERTY? CONTACT US FOR DETAILS
We provide a complete purchasing service and will introduce the management that will maintain the property ect the rent.
We will also source any property for our clients to suit their needs and budget.
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REF ADI 10
Price; $46,000 / £29,677 / €34,074.
Gross annual return when fully let: 40%
Net annual return when fully let, after fixed running costs: 27%
Substantial investment property, three fully let apartments.
Fully let & income producing.
High Yield Investment opportunity situated in Syracuse, New York State.
CLICK HERE FOR MORE PICTURES & DETAILS OF ADI10
Our comments : This property has been modernized throughout and fully tenanted by the property management company it is an excellent opportunity to buy a substantial house income of the best rental areas in the favored area of North Syracuse this is a substantial investment property consisting of three fully let and managed apartments bringing in an income from day one.
The listing agent’s comments; all separate utilities. House has lead abatement completed and certified. exterior painted two years ago and all new plumbing.
Property Type
Substantial detached property consisting of THREE apartments (1 X 3, 1 X 2 & 1 X 1 bedroom)
Key features
· Price; $46,000 / £29,677 / €34,074.
· Gross annual return; $18,300/£11,806/€13,555 40%.
· Net annual return after fixed running costs; $12,620/£8,142/€9,348 27%
· Renovated inside & out two years ago
· Investment consisting of THREE apartments
· Fully let & income producing
· Excellent north-side location
· In area of high rental demand.
· Full management & purchase service provided
Financial details
Rent roll per month; $600 + $475 + $450 = $1,525
Net income after fixed running costs: $18,300 – less running costs; $1,830 management costs, $1,500 water/insurance and $2,350 property taxes = $12,620
Gross rental income; $1,525 / £984 / €1,129 per month
Net rental income; $1,052 / £678 / €779 per month
Buying expenses
The all-inclusive purchase costs for this property are $4,000.You could own this property for $50,000 and not a cent more, approximately £32,258 / €37,037 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.
Approximate breakdown of purchase costs per property are as follows;
Legal costs: $1,200
Survey costs / Property report: $1,000
Commission / fees: $1,800
Please note that with the ever changing exchange rates we have used £1=$1.55 & €1= $1.35 for guidance only, as all property prices are set in USD.
We provide a complete purchasing service and will introduce the management that will maintain the property and collect the rent.
We will also source any property for our clients to suit their needs and budget
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REF ADI11
This property comes with a three year finance package subject to approval see ADI20 for details
Price $45,000 / £28,125/ €32,142.
Substantial property consisting of 2 x duplex apartments & a 3 Bedroom separate house
Fully tenanted and bringing in an income
Gross annual return: 36% should be 44%
Net annual return, after fixed running costs: 31%
CLICK HERE FOR MORE PICTURES & DETAILS OF ADI11
High Yield Investment opportunity situated in Syracuse, New York State.
Our comments; There are two separate houses on the same lot the house at the front of the plot consists of two duplexes with their own street entrances with accommodation over two floors which gives them a very good layout both apartments have three bedrooms. Behind the front property is a separate three bedroom house giving a total of three large three bedroom units on one lot at a cost of $15,000 per unit. This house can be bought for cash or with a three year financial package see ADI 20 for details.
Property Type
Two Detached properties on one lot consisting of two Duplex apartments and a separate house all with three bedrooms.
Key features
· Price $45,000 / £28,125/ €32,142.
· Gross annual return $19,800 / £12,375 / €14,142 44%
· Net annual return after fixed running costs $14,120 / £8,825 / €10,085 31%
· Two houses on one lot
· Three units with Two duplexes + separate house
· Good Westside location
· Fully tenanted producing income from day one
· Fully tenanted producing income from day one
Financial details
Rent roll per month 3 x $550 = $1650
Net rental yield after fixed annual running costs
($19,800 – less running costs; $1,980 management, $1500 water and insurance, $2,200 property taxes =$14,120)
Gross rental income; $1,650 / £1,031 / €1,178 per month
Net rental income; $1,177 / £735 / €841 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 / €35,000 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.
Approximate breakdown of purchase costs per property are as follows;
Legal costs: $1,200
Survey costs / Property report: $1,000
Commission / fees: $1,800
Please note that with the ever changing exchange rates we have used £1=$1.6 & €1= $1.40 for guidance only, as all property prices are set in USD.
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REF ADI12
Price $35,000/£22,580/€26,923.
Fully tenanted & bringing in an income
Fully let, long-term tenants, Gross annual return: 41%
Net return when fully let, after fixed running costs: 28%
Gross rental income $14,400 pa Section 8 tenants.
Property consisting of 2 X 3 Bed fully let apartments
Good rental location, many upgrades carried out inc low maintenance Vinyl siding
High Yield Investment opportunity situated in Syracuse, New York State.
CLICK HERE FOR MORE PICTURES & DETAILS OF ADI12
Our Comments ; If you are looking for rental property in a good rental location upgrades throughout this could be the one it is in Washington Square in the favoured North Side of Syracuse it has had recent new low maintenance exterior vinyl siding (approx. $8,000), New windows (approx $3,000), new furnace ( approx $2,000), new hotwater tanks ( approx. $1,000), new sidewalk, new kitchen and more. Situated on a very pleasant Square 800m for the Carousel center Syracuse’s largest shopping mall.
As you will see from the pictures that the tenants are incredibly untidy do not let this deter you from the property as this is not a major issue as when the tenants move on it will not be expensive to clean the apartments which has to be done anyway when ever a tenant moves out.
Agents comments; SUPER Price Reduction!!! SELLER WANTS THIS SOLD!!!Turn Key operation, Two unit is registered with the city and has passed inspection(s). Long term tenants, Many updates.. recent updates include, hot water tank(s), vinyl siding, replacement windows(up and down), new kitchen in upstairs unit New High efficiency furnace for lower unit, . Long term tenants that have made this a real positive cash flow investment. Laundry hook up for both units in basement. Full walk up attic, private back yard, new sidewalk.
Property Type
Detached investment property consisting of two apartments 2 X 3 bedroom.
Key features
· Asking price $35,000/£22,580/€26,923.
· Gross annual return $14,400 / £9,290 / €10,153 41%
· Net annual return after fixed running costs $9,860/£6,361/€11,076 28%
· Fully let producing income from day one
· Long-term tenants up to date with rents
· Property consisting of two apartments
· Well maintained & approx. $14,000 upgrades
· Good rental location in favored North-side
· Full management service provided
Financial details
Rent roll $600 + $600 per month
Net rental yield when fully let and after fixed annual running costs
$14,400 less $1,440 management, $1,000 water/insurance, $2,100 property taxes = $9,860
Gross rental income; $1,200 / £774 / €923 per month
Net rental income; $821 / £530 / €631 per month
Buying expenses
The all-inclusive purchase costs for this property are $4,000.You could own this property for $39,000 and not a cent more, approximately £25,161 / €30,000 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, ALLTHIS IS INCLUDED IN THIS PRICE.
Approximate breakdown of purchase costs per property are as follows ;
Legal costs: $1,200
Survey costs / Property report: $1,000
Commission / fees: $1,800
Please note that with the ever changing exchange rates we have used £1=$1.55 & €1= $1.30 for guidance only, as all property prices are set in USD.
INTERESTED IN THIS PROPERTY? CONTACT US FOR DETAILS
We provide a complete purchasing service and will introduce the management that will maintain the property and collect the rent.
We will also source any property for our clients to suit their needs and budget.
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REF ADI131
Price $17,000!!! you will not pay a cent more to own this property.
Fully tenanted, section 8 tenant, Vinyl low maintenance exterior
Net annual return, after fixed running costs: $3,640 23%!!!!!!
House with 2 bedrooms, 1 bathroom & off street parking.
Income from day one, 42% below assessed value.
High Yield Investment opportunity situated in Syracuse, New York State.
CLICK HERE FOR MORE PICTURES & DETAILS OF ADI131
Listing agent say’s In good shape, this owner had 3 properties in that area and has sold two this is his last, 1000 sq ft single family 2 story, 2 bedroom, 1 bath, eat in kitchen, washer/dryer hook up, off street parking
Good shingle roof, vinyl siding, updated plumbing and electric, everything works, needs nothing, new rental Registry certificate in Nov 2011, Section 8 inspected & passed, Section 8 tenant, $550/month, includes only water, 1 year lease renewing signed Aug, 2010.
Contact for further details on this property.
Property Type
Detached single family investment property consisting of two bedrooms.
Key features
· Asking price $17,000 / £10,967/€13,076.
· Gross annual return $6,600 / £4,258 / €5,077 39%
· Net annual return after fixed running costs $3,640/£2,348/€2,800 23%
· Assessed value $29,300, priced 42% below assessed value.
· Investment property house with 2 bedrooms
· Registered for section 8, with section 8 tenant.
· Maintenance free vinyl siding, OFF STREET PARKING
· Fully let & income producing from day one.
· Full management service provided
Financial details
Rent roll $550 per month
Net rental yield when fully let and after fixed annual running costs
($6,600 less $660 management, $800 water/insurance, $1,500 property taxes = $3,640)
Gross rental income; $550 / £355 / €423 per month
Net rental income; $303 / £196 / €233 per month
Buying expenses
The all-inclusive purchase costs for this property are $4,000 are included in the price. You could own this property for $17,000 and not a cent more, approximately £10,967/€13,076 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, ALLTHIS IS INCLUDED IN THIS PRICE.
Approximate breakdown of purchase costs per property are as follows ;
Legal costs: $1,200
Survey costs / Property report: $1,000
Commission / fees: $1,800
Please note that with the ever changing exchange rates we have used £1=$1.55 & €1= $1.30 for guidance only, as all property prices are set in USD.
INTERESTED IN THIS PROPERTY? CONTACT US FOR DETAILS
We provide a complete purchasing service and will introduce the management that will maintain the property and collect the rent.
We will also source any property for our clients to suit their needs and budget.
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REF ADI14
Price $27,500 / £17,742/€21,153 package deal inc upgrades.
Bargain Bank repossession sold for $98,000 in 2007, assessed value$56,000
Gross annual return when let before fixed running costs 48%
Net annual return when let after fixed running costs: 30%
Property consisting of 2 X 2 Bedroom apartments
Excellent location of high rental demand.
High Yield Investment opportunity situated in Syracuse, New York State.
CLICK HERE FOR MORE PICTURES & DETAILS OF ADI14
Our comments; We have negotiated a fantastic price for this bank repossessed property which has been vacant for quite some time due to going through the repossession process, although structurally in good condition it does need renovation internally to bring it into a rent ready condition so we are selling it as a package with the cost of the renovation works included within the asking price, this work will take less than a month to complete and will be carried out by the property management company for the new owner, once this work is completed the management company will provide tenants for this property please note it will always be easy to find tenants for this property due to its location. This offers a good opportunity for someone to buy a good rental property on a small budget the property has the advantage of having low maintenance Vinyl siding and a newer roof.
Agents Comments ; Opportunity knocking for Owner Occupant or Investor in this "Outer Westside" 2-family. Has Two 2-bed room units, Big kitchens, Living rooms & baths, Full basement, yard has room to play. Great income potential. Seller does not pay for abstract, survey or deed stamps. Buyers &/OR buyer agent/attorney to verify all tax information, lot size & boundaries.
Property Type
Detached investment property consisting of 2 X 2 bedroom apartments.
Key features
· Asking price $27,500 / £17,742/€21,153.
· Gross annual return $13,200 / £8,515 / €10,154 48%
· Net annual return after fixed running costs $8,081/£5,277/€6,293 30%
· Package deal, cost of renovations included the price
· Investment property consisting of two apartments
· Newer roof low maintenance Vinyl exterior
· Excellent rental location of very high demand
· For sale for 50% assessed value & 30% of the last sale price.
· Full management service provided
Financial details
Rent roll $550 + $550
Net rental yield when fully let and after fixed annual running costs
($13,200 – less running costs; $1,320 management, $1,000 water and insurance, $2,700 property taxes=$8,181)
Gross rental income; $1,100 / £710 / €846 per month
Net rental income; $681 / £440 / €524 per month
Buying expenses
The all-inclusive purchase costs for this property are $4,000.You could own this property for $31,500 and not a cent more, approximately £20,322 / €24,231 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, ALLTHIS IS INCLUDED IN THIS PRICE.
Approximate breakdown of purchase costs per property are as follows ;
Legal costs: $1,200
Survey costs / Property report: $1,000
Commission / fees: $1,800
Please note that with the ever changing exchange rates we have used £1=$1.55 & €1= $1.30 for guidance only, as all property prices are set in USD.
INTERESTED IN THIS PROPERTY? CONTACT US FOR DETAILS
We provide a complete purchasing service and will introduce the management that will maintain the property and collect the rent.
We will also source any property for our clients to suit their needs and budget.
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REF ADI15
Asking price $52,000 / £33,548/ €40,000.
Two houses providing 2 x 2 bed apartments + 4 bed family House
Gross annual return when fully let: 39%
Net annual return, after fixed running costs: 27%
Fully let & income producing, well maintained
Substantial & attractive property, private parking for 3 cars
High Yield Investment opportunity situated in Syracuse, New York State.
CLICK HERE FOR MORE PICTURES & DETAILS OF ADI15
Our comments; Two properties on one lot plus a separate vacant lot next door all included in the price, the front property provides 2 large 2 bedroom apartments both with their own separate street entrances formal dining rooms and then there is a separate 4 bedroom detached family house at the rear all this for $17,300 per unit.
Listing comments; This multi-family property features a vacant buildable level corner lot, a two-family featuring 2 bedrooms each apartment with living rooms and formal dining rooms, a single family 4 bedrooms home in the rear of the one family all on separate utilities with easy access to Shopping, medical facilities and Syracuse University.
Property Type
Detached property consisting of two apartments 2 x 2 bed + 4 bed family House
Key features
· Asking price $52,000 / £33,548/ €40,000.
· Gross annual return $20,400 / £13,161 / €15,692 39%
· Net annual return after fixed running costs $14,160/£9,135/€10,892 27%
· Very attractive & substantial property.
· Two houses on one lot
· Providing 2 x 2 bedroom apartments + 4 bed house.
· Fully let & income producing
· Full management & purchase service provided
Financial details
Rent roll $500 + $500 + $700
Net rental yield when fully let and after fixed annual running costs
($20,400 – less running costs; $2,040 management, $1,500 water and insurance, $2,700 property taxes=$14,160)
Gross rental income; $1,700 / £1,097 / €1,307 per month
Net rental income; $1,180 / £761 / €908 per month
Buying expenses
*The all-inclusive purchase costs for this property are $4,000.You could own this property for $56,000 and not a cent more, approximately £36,129/ €43,076 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, ALLTHIS IS INCLUDED IN THIS PRICE.
Approximate breakdown of purchase costs per property are as follows ;
Legal costs: $1,200
Survey costs / Property report: $1,000
Commission / fees: $1,800
Please note that with the ever changing exchange rates we have used £1=$1.55 & €1= $1.3 for guidance only, as all property prices are set in USD.
INTERESTED IN THIS PROPERTY? CONTACT US FOR DETAILS
We provide a complete purchasing service and will introduce the management that will maintain the property and collect the rent.
We will also source any property for our clients to suit their needs and budget.
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Property 16
REF ADI16
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