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Updated over 6 years ago,
Do funeral homes nearby affect rents and vacaty rate?
I am looking at a 2-family rental property. There is a funeral home in front of the property right cross the street. And there are 3 more in the corner (250 ft away). We always talk about location, location, location, is this considered as not good location for rental? Would the vacancy rate be (much) higher? The market rents for 3 bedroom is around $1,400 locally. Would the rents for this property be much lower? It is located in Massachusetts. Thank you for your reply in advance.