This very nice two apartment multi family home is located in Group 14621 in the
North East of Rochester, New York.
The property is divided into two large apartments, you have a large two bedroom
apartment downstairs and a large two bedroom apartment upstairs. There are
tenants in place in both apartments paying $575 in rent each month
This property is under management with a great local Rochester property
This property is located in Group 14621, which is in the North East of Rochester, New
York. The house is just 2.1 miles from downtown Rochester. The house is also just two
miles and less than ten minutes from The Market District which contains some
wonderful restaurants, bakeries, and coffeehouses. A very popular part of Rochester.
Purchase price: 59,900
Gross annual rental income: $13,800
Property running costs: $4,482
(Tax, insurance and management costs)
Net annual rental income: $9,318
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return on investment: 16%Break even in 6.25 Years