Three bedroom house Niagara Falls, Niagara County, New York, USA 3 Bed Townhouse £28,607 | €34,256 | $37,000 Request a Currency Exchange Quote Here

This large three bedroom house is amazing value at $37,000 and also tenanted...

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Property Attributes

Building Characteristics


Property Features

Garden, On Street Parking

Lifestyle features

Suburban, Town
Property Description ID:31066348

This is a rare opportunity to buy a brick built property in Niagara Falls, brick properties rarely come on the market in Niagara Falls and when they do they are normally priced over $50,000. The house is located in a great area, Zip Code 14303 in Niagara Falls. This Zip Code has great schools and is only a short distance to Downtown. This property was only recently updated and has three large bedrooms, a full basement and a large rear garden This property is under management by a great local property management company.

This property is located in Zip Code 14303, where the average list price is $162,812. It is very close to the Hyde Park Municipal Golf Course which is the main golf course in Niagara, it is also close to great schools and colleges.

Investment Details

Purchase price: $37,000

Gross annual rental income: $8,700

Property running costs: $2,601
(Tax, insurance and management costs)

Net annual rental income: $6,099

Investment calculation - Net Income divided by Purchase price = NET ROI.

Return on investment: 17%

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