Four bedroom house City of Rochester, Monroe County, New York, USA 4 Bed Townhouse £55,160 | €61,429 | $74,900 Request a Currency Exchange Quote Here

This large four bedroom multi unit is a rare find at $74,900..

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Property Attributes

Building Characteristics

Detatched

Property Features

Garden, Off Street Parking, Outside Space
Property Description ID:41623399

This great two apartment multi family home is located in Edgerton, a great
neighbourhood in the North West of Rochester, New York.
The property is divided into two large two bedroom apartments, you have a large two
bedroom apartment upstairs and a large two bedroom apartment downstairs. The
property has one newer furnaces & updated electrics. Both apartments have tenants in
place. One tenant is paying $650 in rent and the other is paying $700 in rent each month.
The house is under management with a great local Rochester property management
company.

This property is located in Edgerton, which is a great neighbourhood in the North West of
Rochester, New York. The house is just 2 miles from downtown Rochester and right
opposite Jefferson High School. The house is also just 5 minutes from Lyell Avenue
which hosts a multitude of supermarkets, shops, restaurants and many services.

 

Investment Calculation

Purchase price: 74,900

Gross annual rental income: $16,200

Property running costs: $3,941
(Tax, insurance and management costs)

Net annual rental income: $12,259

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

Return on investment: 17%

Break even in 5.8 Years
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