Three bedroom house City of Rochester, Monroe County, New York, USA 3 Bed Townhouse £33,066 | €36,824 | $44,900 Request a Currency Exchange Quote Here

This large three bedroom house is a rare find at $44,900..

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Property Attributes

Building Characteristics

Detatched

Property Features

Garden, Off Street Parking, Outside Space
Property Description ID:41611704

This very three bedroom single family home is located in the Upper Falls
neighbourhood in the North East of Rochester, New York.
The property has 3 spacious bedrooms, two bathrooms, a large lounge diner and a full
basement. All of the windows were recently replaced also.
The house has tenants that have resided in the property for over 20 years and look after it
as their own. The tenants are paying $750 in rent each month.
The property is under management with a great local Rochester property management
company.

This property is located in the Upper Falls neighbourhood, which is in the North East of
Rochester, New York. The house is just 1.4 miles from downtown Rochester. The house is
also just one mile from The Market District which contains some wonderful restaurants,
bakeries, and coffeehouses. A very popular part of Rochester. .

 

Investment Calculation

Purchase price: 44,900

Gross annual rental income: $9,000

Property running costs: $2,489
(Tax, insurance and management costs)

Net annual rental income: $6,511

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

Return on investment: 15%

Break even in 6.6 Years
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