Rent report generated Dec 13, 2024
The Rent Potential of
1432 Culver Rd Rochester, NY
is $3,590 – $4,800/mo.
Rent Advice
Located in Rochester's Laurelton neighborhood, this multi-family property, with its 4 beds and 2 units, has a strong rent potential. Based on the local comps, the average rent per unit ranges from $1,795 to $2,400 monthly. This gives a total potential revenue of $3.6K to $4.8K per month. Given the property's list price of $89.9K, the estimated payback period is quite favorable. The neighborhood shows stable demand, and features like a full basement and two-car garage add to its appeal. Challenges might include competition and ensuring units meet modern rental expectations.
To enhance rental income, consider updating the interiors with modern finishes and energy-efficient appliances. This can help attract higher-paying tenants. If the owner is considering selling, capitalizing on the property's strong rental potential and highlighting its location in a stable market could be beneficial. Additionally, emphasizing the property's sturdy construction and ample parking could be attractive to potential buyers.
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