Rental Rates - Too high, Too low?

[Jeff Thillemann]

The property I purchased a few months back (7 unit with a storefront) I'm questioning my rates. Now I've done complete remodels to the units and went on the slightly higher end of things in hoping to get less maintenance calls. Now a 2br in this particular location (3 blocks from downtown and 3 blocks from uptown) with heat included goes for around 600/650 a mo. Now I did rent out my first newly remodeled 2br unit for 675/mo. Heat,running water,hot water, and WiFi is included. I received about 80 contacts within the first 24 hrs with about 25 people who actually came. Rented right away and I was able to pick and choose my tenant. My downfalls of this property (tenant wise) is no off street parking and I do NOT have on site laundry, which I am in the process of trying to setup. Am I charging much too low with this amount of feedback? I have spoke to many (investors, renters, and nonrenters)and I get mixed reaction. I have a philosophy of making the units nicer for longer term tenancy.