NIAGARA FALLS, NEW YORK – USA.
Here is a property located by the hospital. I just had it remodeled for a new government section 8 tenant.
Currently rented for $700/month. Collect $8,400 a year. Rented to a Section 8 program so government pays the rent. You get your money on the first of each month, never late. Already passed all government inspecions 9/1/16. You have 10 month left on the lease.
My property insurance premium is $345 a year. Insured value of home $216,300. Personal liability $100,000. Property Tax $780 a year.
I own this property for about 10 years and its always been a big money maker for me. You can rent it weekly, monthly or long term lease. Summer time you can get about $1,500-$2,000 a month for this house or Long term rental $700/m.
Downtown Niagara Falls. Across the street from the Niagara Memorial Hospital. $400 Million Seneca Casino, Niagara Water Falls, Canada and many new developments and attractions just short walk from the house. There is a few big development plans proposed for this neighborhood (condo and townhomes project proposed just few away from this property). Similar homes on the Canadian side already sell for over $250,000. Located just few houses away from Niagara Memorial Hospital, New Heart Center and few new medical offices being built right now. Very good potential.
907 FERRY AVE