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LewisJohnson
BIP Realtors Inc

1764 Davis Streert
Fremonet 94087
California




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Home
> For Sale > Apartment Buildings(5+ Units)
Listing ID: 3438

SIX UNIT APARTMENT HIGH CASH FLOW PROPERTY IN ROCHESTER NY

$144900 For Sale
We can finance it!
Property Description

FULLY TENANTED SIX UNIT CASH COW!! PUT THE INSTANT CASH FLOW INTO YOUR POCKETS!!! WEALTH BUILDING RETURNS!! ANNUAL RENTAL INCOME OF OVER $35,0 5+ Bdrm Multi-Family, 6 units offered at $144,900 Year Built 1900 Sq Footage 4,760 Bedrooms 5+ Bathrooms 4+ full, 0 partial Floors 2 Parking 2 Car garage Lot Size 0.22 acres HOA/Maint $0 per month
DESCRIPTION
Myrtle Hill Park, Rochester, NY 14606

THE UNITS:

This incredible six-unit High Cash Flow Property consists of 3 studios and 3 - one bedroom apartments. These units are Fully Tenanted Providing You With Instant Cash Flow!!

ABOUT THE AREA:

This outstanding Six-unit Family property is on a quiet residential neighborhood street and offers a good Wealth Building Opportunity! Attractive benefits for your tenants are that this property is near public transportation, schools, banks, grocery stores, and churches. It?s no wonder there are long term tenants in some of the units.

For more information, please visit :http://www.supercashflowproperties.com/buyincome4.asp


PROPERTY CONDITION:

The owner states that the property is over all in good condition! It has a very nice curb appeal with care free vinyl sidings and vinyl thermopane windows.

For more information, please visit :http://www.supercashflowproperties.com/buyincome4.asp

YOU ARE SUPPORTED:

With Super Cash Flow Properties.com, you are getting more than a company, you are developing a relationship. With in-house property management to protect your assets, in-house construction crews to keep your maintenance costs low, in-house closings to make the transaction quick and easy, in-house accounting to keep track of your bottom lines, in-house deal-finders to select the best investments for you, and an in-house Information Technology team to instantly connect you with vital property info, we are your REAL Turn-Key Solution for High Cash Flow Properties in Western NY!!

For more information, please visit :http://www.supercashflowproperties.com/buyincome4.asp

EARLY BIRD DISCOUNT:

Purchase before Friday, Nov 16th (5:00 PM PST) for a $5,000 discount!! For a few short days you can qualify for $5,000 off the total purchase price, by purchasing Early. With the Early Bird Discounts would increase your Gross ROI from 24.43% to 25.30%, your Net ROI from 13.24% to 13.71%!!

CASH ON CASH RETURNS WITH CONVENTIONAL FINANCING:

You'll have 60 days to close on this property, giving you time to secure conventional financing. We can introduce you to one of our closely guarded finance resources who have provided millions in finance over the years for our clients. They should easily be able to get you a mortgage for the balance of $99,920 at an investor?s rate of approximately 9.0% With 30 year terms, your monthly mortgage payment would be approximately $804. Your Rate of Return will then be SIGNIFICANTLY increased adjusting for debt service and the amount of your cash out of pocket (approx $45K $40K with Early Bird Discount) in the investment. Here is a quick break down:

Annual Totals

Gross Income: $35,400
Ordinary Expenses: $16,213
Debt Service: $ 9,648

Total Expenses: $25,861

Positive Cash Flow: $9,539

Your Investment: $ 44,980-> $39,980 (With Early Bird Discount)

Cash on Cash
Rate of Return: 21.21%-> 23.86% (With Early Bird Discount)

That?s a Wealth Building Rate of Return!!

For more information, please visit :http://www.supercashflowproperties.com/buyincome4.asp
see additional photos below PROPERTY FEATURES
Tile floor Attic Guest parking



Contact Information

Contact person: Investor Relations
Seller type: Private Owner
Owner Finance: No
MLS:
Phone: Log in to view
Address: Log in to view
City: Rochester
State/Province:
Zip/Postal Code: 14606
Country:
User Listings: Show All Ads by this member


Listing Information

Type: Apartment Buildings
Listing Status: For Sale
Price: 144900
Bedrooms: 6
Bathrooms: 6
Stories: 2
Square Feet: 4760
Lot Size: 0.22 Acre
Age of Home: 1900

Additional Feature:

Appliances: Electric Oven/Range
Benefits: Garage, Near Transit



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