134 Zelmer Ave
Buffalo, NY 14211 $48,500
- Brand New Roof
- Upstairs New Furnace and Duct Work
- Two Newer Hot Water Heaters
- Updated Electrical
- Updated Plumbing
- Remodelled Kitchens
- Remodelled Bathrooms
- Freshly Painted Interior Upstairs
- Brand new Upstairs Carpet
- Separate Utilities
- Rental Information
- See on Map
This property has been completely rehabbed and comes with a six month maintenance warranty. The property is rented for $950 a month. Upstairs Tenant pays $450 a month (2 Bedrooms). Downstairs is a 10-Year Section 8 Tenant that pays $500 a month (3 Bedrooms). Both tenants signed recent, new one year leases and paid full cash security deposits equal to one month’s rent. This deposit is credited to the New Owner at closing. The current Property Manager placed the tenants and will stay on at New Owner’s request, ensuring a smooth transition after the sale.
Monthly Expenses
Property Taxes: $51.75
Insurance: $65.00
Water: $55.00
Sewer/User Fee: $18.50
Lawn: $20.00
Gas/Electric: Tenant Responsible
Snow Removal: Tenant Responsible
Property Management: $95.00 (10% of Collected Rent)
Total Monthly Expenses: $305.25
Income/ROI Information
Total Monthly Rental Income: $950.00
Total Monthly Expenses: $305.25
Positive Monthly Cash Flow:$644.75