160 Dunlop Ave Buffalo NY 14215

3 Bedroom Single family home

Collect $700 Rent from day 1

UNIVESITY PROPERTY

ALREADY REMODELED!

ALREADY LEASED!

Brand New 1 Year Lease with 11 months remaining!!

“Even though we are seeing large sales declines in many parts of the country…Locally,, the sales data is actually vibrant and picking up” HOUSING ECONOMIST LAWRENCE YUN BUFFALO NEWS

Buffalo's GDP has INCREASED over last year by over 1%

More and more investors are turning to Cash flow properties as the speculation of huge appreciation Nationwide has disappeared!

Property is leased for 1 year ( 11 months remain ) After the 1 year lease the agreement will automatically become a month to month agreement unless you wish to lock the tenant in for another year.

Leased for $700 per month!

Brand New VINYL SIDING

Brand New Pergo in Dining Room

Brand new Interior Paint

Remodeled Kitchen

Brand New Carpet Professionally installed

Remodeled Bathroom

All Bedrooms have been repainted and new carpet professionally installed

Forced Air natural gas heating

Collect rent from day 1 with this remodeled and leased property.

This is your chance to get a remodeled 3 bedroom single family home LEASED for $700 per month starting at $1 with NO RESERVE!!

CASH COW!! BuffaloNY is one of the highest cash flow cities in the Country for Landlords. Let the tenants in this property produce cash flow for you each month.
There is no better way to build wealth than Real Estate! This is a great start to financial freedom!


Building wealth in Real Estate is a long process, let Kenhill Properties help you build a nest egg that will produce income for years to come.
As appreciation in Real Estate is becoming more of a GAMBLE, Investors are FLOCKING TO BUFFALO BECAUSE OF THE HIGH CASHFLOW RENTAL PROPERTIES!!!

This is a high demand rental area of buffalo. This property was leased to a high quality prescreened tenant.

Collect immediate rent!

No need to worry about a vacant property in need of 10’s of thousands in repairs. This property has already been remodeled and leased!!

160 Dunlop Ave Buffalo NY 14215

3 Bedroom Single Family Home!

We are experts in dealing with out of state or out of area investors!!

We have sold Millions of dollars worth of properties exactly like this one! We are here to assist in all aspects of property ownership.

We work with the very best professionals in all aspects of property ownership: Insurance, Management, Contractors and a great support staff.

We are looking to build long standing relationships, if you are thinking of investing in the NY area, we would be happy to help you build a successful portfolio.

ALL PROPERTIES ARE SOLD FOR CASH ONLY. DUE TO OUR LOW PRICES THERE WILL BE NO TIME TO ALLOW FOR FINANCING.

We encourage emails and phone calls. We want to establish an open line of communication from day 1 so feel free to call or email any questions you may have.

NO hidden terms. The auction is starting at $1. There is also a "buy it now" option for $49,000. Once a bid is placed, the "buy it now" option will dissappear and the property will be sold FREE AND CLEAR to the winning bidder with no liens or back taxes. I have had the bidding exceed the "buy it now" price in the past

Cash Sale ONLY!! Total Funds Due within 3 Business Days!!

Payment Due
Payment Cycle
Payment Amount
Annual Total
County
12 Months
$198.95
$198.95
City
6 Months
$378.72
$757.44
Sewer
12 Months
$69.00
$69.00
Garbage
3 Months
$55.41
$221.64
Annual Grand Total
$1,247.03
Purchase price = $49,995
Yearly Income ( $700 x 12 ) = $8,400
Expenses as listed in above table = $1,247.03
Net Annual Income = $7,152.97
Divided by sales price of $49,995
14.30% RETURN ON INVESTMENT!

THE RETURN ON INVESTMENT IS CONSERVATIVE AND STILL TREMENDOUS. PLEASE SEE BELOW, AS I HAVE ACTUAL EXPENSES PAID FOR 2008. THESE ARE NOT ESTIMATES! THE RETURN ON INVESTMENT IS AN ACCURATE 14.30% PER YEAR RETURN

These are actual taxes and city fees for 2008 Not examples - all are paid
  • Brand new EXTERIOR VINYL SIDING INSTALLED
  • 3 Bedroom Single Family Home
  • Already Remodeled
  • Already Leased
  • University Property
  • Located in the highly sought after UNIVERSITY DISTRICT
  • Collect $700 in rent from day 1
  • Tenants pay their own: Electric, Gas, Phone, Cable
  • Trash Fee and Sewer charge are included in the taxes
Winning bidder must contact the seller within 24 Hours after the close of the auction with proper vesting information. 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 $695 to cover the closing costs and paperwork transfers.
Once the funds are received and the paperwork completed the transfer will be recorded in the Erie County clerks office. This Property Sold "as is",no warranties expressed or implied. All information is deemed reliable but not guaranteed
PLEASE READ THE TERMS. THIS IS A CASH ONLY SALE. THERE WILL BE NO TIME TO ALLOW FOR FINANCING. I HAVE PROVIDED ALL INFORMATION TO HELP THE BUYER REACH AN EDUCATED DECISION PRIOR TO BIDDING.