Description
Do Not Miss The Opportunity To Own An Income-Producing Property Within Walking Distance To Niagara University In Niagara, New York, Usa! Recently Updated With A Finished Basement, This Property Houses 8 Students, Generating A Gross Revenue Of $40,320 Usd Per Year, With The Students Paying Water And Hydro, And The Owner Paying Water And Property Tax, Resulting In A Capitalization Rate Of Almost 10% Per Year, Compared To To At Most 2% In The Gta Due To Inflated Prices. All Existing Kitchen Appliances, And Washer And Dryer Are Included In The Purchase Price.
Extras: All Funds (Rent, Property Taxes, Asking Price) Are In Usd. Cash Buyers Preferred.
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5BEDS
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N/AACRES
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3BATHS
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01/2 BATHS
Description
Do Not Miss The Opportunity To Own An Income-Producing Property Within Walking Distance To Niagara University In Niagara, New York, Usa! Recently Updated With A Finished Basement, This Property Houses 8 Students, Generating A Gross Revenue Of $40,320 Usd Per Year, With The Students Paying Water And Hydro, And The Owner Paying Water And Property Tax, Resulting In A Capitalization Rate Of Almost 10% Per Year, Compared To To At Most 2% In The Gta Due To Inflated Prices. All Existing Kitchen Appliances, And Washer And Dryer Are Included In The Purchase Price.
Extras: All Funds (Rent, Property Taxes, Asking Price) Are In Usd. Cash Buyers Preferred.