WHOLESALE
4 UNIT APT. BLDG!
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2 FAMILY; TURN KEY Rental Property w/HIGH CASH FLOW.
Low $15k-$20k down payment required... Low monthly pmts of approx $400.
Schedule a one on one call with the seller and to set up a viewing... click the button below.
Introduction
This property has 4 Apartments. The address is 50 Saratoga Ave. There is a Current CofO with no outstanding Violations. 3 of the four Apartments are Fully occupied & TENANTS ARE ALL CURRENT ON THEIR RENT. The details are as follows:
Apt #1 – 1 Bdrm
- Tenant recently moved. New Tenant move-in 9/1/17.
- Rent $550 plus tenant pays own utilities.
- 1 Bed Rooms
- 1 Bath
- Living Room
- Kitchen
Apt #2 – 2 Bdrm
- Christian Men’s Shared Home (Non-smoking, Alcohol Free & Drug Free Environment)
- 2 Men Occupy the Apartment
- Rent $880 all paid by Government. Rent Sent directly to landlord.
- 2 Bed Rooms
- 1 bath,
- Eat-in Kitchen
- Fully Furnished, beds, Living room & Kitchen. Landlord pays utilities.
Apt #3 – 3 Bdrm
- Christian Men’s Shared Home (Non-smoking, Alcohol Free & Drug Free Environment)
- 3 Men Occupy the Apartment
- Rent $1,320 all paid by Government. Rent Sent directly to landlord.
- 3 Bed Rooms
- 1 bath,
- Eat-in Kitchen
- Fully Furnished, Beds, Living room & Kitchen. Landlord pays utilities.
Apt #4 – 1 Bdrm
- Tenant has been there for 10 years.
- Rent $500 plus tenant pays own utilities. (Rent should be $550-$725)
- 1 Bed Room
- 1 Bath room
- Living Room
- Eat-in Kitchen
The other good things are:
- Exterior is Maintenance free Brick & Vinyl Siding;
- New 30 Yr. Architectural Roof
There is current management in place who handle tenant relations, showings, application screening, maintenance and maintenance coordination. They would be glad to take over and manage for the next owner and seller will pay the first 3 months of management fee of 10%
Additional Assets
Seller owns and you will get at no additional cost, the ownership of all the appliances to include stoves & refrigerators.
I Am currently selling this property for
$114,997 with owner financing
-or-
$99,997 All Cash ($15k DISCOUNT!!!)
** When Paying All Cash: Your Positive Cash Flow would be $26,601 & your Net Return on Investment would be 26.6%.
** When Using Seller Financing: Your Positive Cash Flow would be $12,670. Your Cash on Cash Return on Investment would be 28.2% . (Based on a $45k Down Payment), After the Tax Payment agreement is completely paid in about a yr. The positive cash flow under the Seller Finance option will go up $6,100!!!
Excellent Returns!!!
Includes Updated title and completion of pvt mtg and/or land contract plus filing of deed if applicable.
Down payment required will be $45k and Seller can close in 14 days!
This Property Is A Steal
*Amount Financed: $29,997K
*Monthly Payment P&I: $371.92
*Amort: 10 yrs.
*Term: 5 yrs with possible 1 yr. Extensions.
*Interest Rate: 8.5%.
We are taking applications for the purchase of the property. We will be selecting the applicant who can afford the property & who has the ability to take care of the property. Although the financing approval will not be credit based, we may require an updated credit report.
Anyone who has all cash goes to the top of the list.
Anyone who can close quickly (7-14 days) Will Receive Additional Consideration With Pricing.
We need to give tenants 24 hrs notice prior to showing. You’re welcome to drive by first but Please do not disturb the tenants.
Please let me know what questions you have feel free to give me a call. This is a great investment for High Cash Flow rental.
*WE MAY CONSIDER SELLING BUILDING TOGETHER WITH OTHER PROPERTIES WITH THE RIGHT OFFER.
LOCATION, LOCATION, LOCATION
and...
Frontier Field - http://frontierfield.org/
Home of the Minor League Baseball team “Rochester Redwings”. These two stadiums attract 100’s of thousands of fans & 10’s of Millions of Dollars in revenue on an annual basis. Rochester is planning to upgrade a number of the surrounding neighborhoods due to the high levels of revenue that the venues and the teams bring in for the city and county yearly.
.
This is expected to raise values and market rent for the area.
This Property for sale is also only a 5 minute drive to downtown Rochester which features Sahlen’s Soccer Stadium home of the Professional Sports Clubs:
- Men’s Major League Soccer Team “Rochester Rhinos” http://rhinossoccer.com/stadium/
- Women’s Major League Soccer Team “Western New York Flash” http://www.wnyflash.com/
- Men’s Major League Lacrosse team “RochesterRattlers” http://www.rochesterrattlers.com/

Fontier Field
This Property Is A Great Investment In an Up & Coming Prime Neighborhood!
&
WE WILL PROVIDE YOU OWNER FINANCING
WITH A NON-CREDIT BASED APPROVAL!!
If you are a Serious Buyer and
want to be considered for this opportunity,
click button below...
You Have Nothing To Lose...
By scheduling a call with the seller you will have the ability to get more insight
into the property, tenants, additional photos and video,
as well as the opportunity to convince seller that
you would be the best buyer for the seller finance option.
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