This property, located in the heart of Downtown Lodi, offers a promising rental potential. With an average rent ranging from $1,800 to $2,160, the total annual revenue could be between $21.6K and $25.9K. Market trends in Lodi show a steady demand for rental properties, particularly in the downtown area. The vintage charm of a 1920-built home adds character but may require some updates. Its proximity to amenities enhances its appeal, though limited space and single-family status could pose challenges.
To boost rental value, consider modernizing the interior with updated appliances and fixtures. Adding energy-efficient features could attract higher-paying tenants. If selling is in mind, enhancing curb appeal and addressing any structural issues could increase marketability. Highlight the property's historical charm and strategic location in marketing efforts to attract potential buyers or renters.