These properties are all located in Buffalo, NY



If interested, please reply to [EMAIL PROTECTED]



View pictures at http://www.pbase.com/riverstonerealtyllc


This Package has been put together and priced at $89,000, this will
move fast. The numbers speak for themselves. This would be a great
starter investment portfolio or a good addition to any existing one.
Rents total $3,325/mo, annual income after taxes is $36,073.15. This
package will pay for itself in 2.52yrs after all taxes. All of the
units in these properties are currently rented, these are the actual
numbers. The properties are all in decent condition and require no repairs.  My 
associate only
acquires properties that are turnkey and require minimal work to make
them rentable i.e. a broken window, paint on the walls, remove or
replace the carpet, replace hot water tank, nothing major. Recent work
done is as follows. 353 Woodlawn has a new roof, the floors were sanded
and refinished, new plumbing with Pex system, new light fixtures, new
toilets. 154 Goemble has had no repairs needed lately. 688 Riley has a
new roof, relatively new carpets, new paint, hot water tanks are 6-7
yrs old. 85 Girard has had no repairs needed lately. We designed this
package specifically for investors that want tenant occupied properties
with minimal hassle. If you are looking for a property manager, my
associate(current owner) of these properties is willing to manage them
for you as he is already doing that now. He lives close to all of his
properties and does property management for investors from CA and NJ as
well as his own. His rate is 10% of the rent for each property.  Here are the 
numbers on these properties.



Address: 353 Woodlawn

Units: 2

Kitchens: 2

Bathrooms: 2

Bedrooms: 6

Price: $22,000

Rents: $750/mo or $9,000/yr

Taxes: $781.95

ROI: 2.49yrs after taxes



Address: 154 Goembel

Units: 2

Kitchens: 2

Bathrooms: 2

Bedrooms: 4

Price: $22,000

Rents: $750/mo or $9,000/yr

Taxes: $829.98

ROI: 2.69yrs after taxes



Address: 688 Riley

Units: 2

Kitchens: 2

Bathrooms: 2

Bedrooms: 6

Price: $22,000

Rents: $750/mo or $9,000/yr

Taxes: $1022.08

ROI: 2.76yrs after taxes



Address: 85 Girard(2 houses)

Units: 3

Kitchens: 3

Bathrooms: 3

Bedrooms: 8

Price: $23,000

Rents: $1,075/mo or $12,900/yr

Taxes: $1192.84

ROI: 1.96yrs after taxes 
Richard L. Tandy II
Riverstone Realty LLC
(585)820-1397
[EMAIL PROTECTED]




      
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