This fantastic large six bedroom 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 three bedroom
apartment on the left side of the property and a large three bedroom property on the
right side of the property. The house has had a new roof and recently painted and
updated. Both apartments have tenants in place each paying $825 in rent each
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 miles from downtown Rochester. The house is also just 2
miles and less than seven minutes from The Market District which contains some
wonderful restaurants, bakeries, and coffeehouses. A very popular part of Rochester.
Purchase price: 104,900
Gross annual rental income: $19,800
Property running costs: $4,991
(Tax, insurance and management costs)
Net annual rental income: $14,809
Investment calculation - Net Income divided by Purchase price = NET ROI.
Return on investment: 15%Break even in 6.6 Years