Rose St Buffalo New York
 
$1 No Reserve Auction

("Buy It Now price" is $69,995)

Once a bid is placed the "buy it now option" disappears

Fully Rented Property In Booming Buffalo NY

14 Years & 100's Of Auctions Sold On Bid4Assets (MILLIONS OF DOLLARS)
Perfect 5 Star Rating
Collect $725 Per Month
Guaranteed Rent
12 Year Tenant
$8,700 Per Year Rent
BRAND NEW HOMES RIGHT NEXT DOOR
5 MINS FROM DOWNTOWN

 
56 Rose St Buffalo NY

Buffalo Real Estate Market Forecasts 2019 & 2020 (Zillow)

  • The median home value in Buffalo is $86,200 on Zillow.com.
  • Buffalo home values have gone up 14.3% over the past year
  • Zillow’s Buffalo real estate market predictions is that the prices will rise 7.0% in 2020.
  • The median list price per square foot in Buffalo is $81.
  • The median price of homes currently listed in Buffalo is $108,000.
  • The median rent price in Buffalo is $1,100
 
We Have Been Selling On Bid4Assets For 14 Years

Millions Of Dollars Sold On Bid4assets With Perfect Feedback

We Guarantee The Rent For 6 Months
(Yes Guaranteed for 6 months)

$725 Per Month 12 Year Tenant
Lease Expires 8/1/2020

 

4 Bedroom 1 Bath House (1,170 Sq Ft)

SINGLE FAMILY

A just-released study from online service RefiGuide

Buffalo has the nation's third highest increase in home sale prices SINCE 2009
Trailing only Newark, (17.1%) & Dallas (16.9%).
ANNUAL EXPENSES
 
$528.47
Yes This Property Generates

 

 
 
$8,171.53 NET INCOME PER YEAR
  • County (paid annually) = $77.70 per year
  • City (paid every 6 months) = $97.89 x 2 = $195.78 per year
  • Sewer (paid annually) = $17.35 per year
  • Garbage (paid every 3 months) = $59.41 x 4 = $237.64 per year
  • ANNUAL RENT IS $8,700
528.47 Expense Yearly
$8,700 Per Year Income
$8,171.53 NET INCOME
$1 NO RESERVE AUCTION

WINNING BID WILL WIN THIS PROPERTY FREE & CLEAR

PLUS WE GUARANTEE THE RENT FOR THE NEXT 6 MONTHS
REMEMBER THIS IS A $1 NO RESERVE AUCTION SO THE RETURN ON INVESTMENT SHOWN BELOW IS JUST A PROJECTION AND IS BASED ON A Sales Price Of $60,000
 
(If you paid 60,000 for this property below is your return on expense)
$
LEASED
13.61% RETURN ON INVESTMENT! (based on 60k sales price you would get 13.61% return on investment)
  • Yearly Income ( $725 x 12 ) = $8,700
  • Expenses as listed in above table = $528.47
  • Net Annual Income = $8,173.53
  • Divided by sales price of $60,000 (Remember this is a $1 no reserve auction so sales price of 60k is used as an example)
  • = 13.61% RETURN ON INVESTMENT!
  • (This Is An Auction No Set Price)
  • Return On Investment is based on a sales price of 60k for example purposes. This property may sell above or below 60k
  • THIS IS A $1 NO RESERVE AUCTION
THE RETURN ON INVESTMENT IS CONSERVATIVE AND STILL TREMENDOUS. PLEASE SEE BELOW, AS I HAVE ACTUAL EXPENSES PAID FOR 2019. THESE ARE NOT ESTIMATES! THE RETURN ON INVESTMENT IS AN ACCURATE 13.61% PER YEAR RETURN
 IF THE PROPERTY SELLS FOR 60k
(If It Sells Higher or Lower Than 60k The Rate Of Return Will Go Higher Or Lower)

All Taxes Are Current and up to date

 

WE HAVE NO INTERIOR PHOTOS OF THE PROPERTY... THE TENANT WORKS NIGHTS AND WE COULD NOT GET INTO THE PROPERTY. VERY LONG TERM TENANT WITH

NO OPEN WORK ORDERS (REQUESTS FOR REPAIRS)

THE HEATING, PLUMBING, ELECTRICAL ARE ALL ON AND WORKING IN THE PROPERTY.

TENANT PAYS FOR GAS, ELECTRICITY, PHONE, INTERNET, & CABLE
BUFFALO NEW YORK REAL ESTATE PRICES ARE GOING UP CRAZY!
LittleBigHomes.com, the Buffalo real estate market forecast for the 12 months ending with the 3rd Quarter of 2019 is positive. Their accuracy of the Buffalo real estate market trend prediction is 75%. Accordingly, they estimate that the probability for rising home prices in Buffalo is 75% during this period.
The Fruit Belt takes its name from the large number of orchards the first residents planted in the area. Holding true to their previously established agrarian nature, the earliest German residents of the area planted large orchards and vegetable gardens in the area. As their numbers increased, in these orchards were laid out the present streets, the names themselves remaining as a testimony to the early nature of the neighborhood.

Additional Terms of Service
 
Winning bidder must contact the seller within 24 Hours after the close of the auction with proper vesting information. We have done our best to describe this property but the house is sold as is with no warranties expressed or implied. Entire funds to be transferred within 3 working days or sooner via wire transfer, money order, cash or bank check only. You will also need to include $1,995 to cover the closing costs and paperwork transfers. Once full funds are received ( bid price + $1,995 for closing costs) The deed will be recorded into the buyers name. You will have proof of ownership within 3 business days of the funds clearing our bank. FREE AND CLEAR TITLE. NO LIENS OF ANY KIND. THE BUY IT NOW OPTION IS ONLY VALID UNTIL A BID IS PLACED. ONCE A BID IS PLACED THE PROPERTY WILL BE SOLD TO THE HIGHEST BIDDER REGARDLESS OF PRICE EVEN IF THE PRICE EXCEEDS THE ORIGINAL "BUY IT NOW" PRICE. All information is deemed reliable but not guaranteed. Please feel free to inspect this property anytime prior to auction close. Cash Sale only. This is an "As Is" sale. Seller makes no warranties.
 
Inspection Details
 
We allow Inspections prior to bidding! If you require an inspection, it must be done prior to auction end. Click the link at the top that says "ask seller a question". If you would like to see the property prior to bidding. As phone numbers are not permitted to be posted on listings