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Updated about 1 year ago on . Most recent reply

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Chad Pantel
  • Member since Apr 24, 2021
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Chad Pantel's profile image
Chad Pantel's profile image
Chad Pantel
  • Member since Apr 24, 2021
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Chad Pantel
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General Landlording & Rental Properties

Pricing rent with a garage

Chad Pantel
Posted

Hi,

My questions is, how much more can one increase rent for a garage? I recently acquired a duplex in an A neighborhood. Each side is 845 sq. ft. One side has a garage no yard and the other a large yard on a corner lot. Lease on the garage side ends in December. That lease is about $500 under market rent. If market rent is $2100 with no garage, what would a garage be worth?

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