91 Burgard Place
Buffalo, NY 14211 Sold - $53,500
- Brand New Architectural Roof
- Freshly Painted Exterior
- Two Brand New Furnaces
- Two Brand New Hot Water Heaters
- Updated Electrical
- Updated Plumbing
- Refinished Hardwood Floors
- Brand New Carpet
- Remodelled Kitchens
- Remodelled Baths
- Freshly Painted Interior
- Separated Utilities
- Rental Information
- See on Map
Property Address: 91 Burgard Place Buffalo, NY 14211 Property Type: 6 Bed/2 Bath 2,444 SF Duplex Neighborhood: Hamlin Park, NE area of the City. Sales Information Sales Price: $55,500 Now $53,500 Property Amenities/Work Completed This property has been completely rehabbed and comes with a six month maintenance warranty. Rental Information The property is rented for $1,075 a month. Upstairs Tenant pays $525 a month. Downstairs pays $550 a month. Both tenants signed recent, new one year leases. 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: $59.17
- Insurance: $70.00
- Water: $55.00
- Sewer/User Fee: $18.50
- Lawn: $20.00
- Gas/Electric: Tenant Responsible
- Snow Removal: Tenant Responsible
- Property Management: $107.50 (10% of Collected Rent)
- Total Monthly Expenses: $330.17
- Income/ROI Information
- Total Monthly Rental Income: $1,075.00
- Total Monthly Expenses: $ 330.17
- Positive Monthly Cash Flow: $ 744.83
- Return on Investment: 16.7.5% (Based on Sale Price of $55,500)