Four bedroom house City of Rochester, Monroe County, New York, USA 4 Bed Townhouse £44,113 | €49,127 | $59,900 Request a Currency Exchange Quote Here

This large four bedroom multi unit is a rare find at $59,900..

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Property Attributes

Building Characteristics

Detatched

Property Features

Garden, Off Street Parking, Outside Space
Property Description ID:41605505

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
management company.

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.

 

Investment Calculation

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
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