@Joe Villeneuve740 and 860 the other unit also has more parking and a deck.

Other qualities are being a member of National Notary Association.

.- nationally, the highest rent to value ratios are in areas with poor rent growth and poor appreciation.  

Go to Solera National Bank or Titan bank, both of them specialize in accounts like this. 

@Dean Malka 10k for average kitchen and 5k for average bathroom Flooring is $4 a square foot for LVP HVAC $5k Electrical panel $2k.This is all ball park.

Those buying close to the city are either breaking even or taking negative cashflow and banking on appreciation (or buying all cash and parking money, ha).If you do consider Lowell, I'd also recommend you check out the Fitchburg/Leominster area as well.

Housing lots/ subdivision, self storage, commercial, parking, rv park,  etc3.  

You may pay 1.5m and up for a good one, likely more if parking and balconies, but the play is to buy a multi and then wait and in a few years, turn them into condos and sell them separately - that's how you make the money there.

Our rent-by-the room residents appreciate a lockable bedroom door, a private bathroom, sufficient on-site parking, a large refrigerator and a large washer and dryer (in order of most to least important).

The building of an asset that is down nationally is a risk.