Is 1 bath condos can be rented or sold fast?

[Hossam Mohamed]

Hi,

I am looking around for my first investment property and I found a condo that looks really nice with nice location and interior but it has only 1 bath. My question is, if I buy this property to rent it out, would I be able to rent it fast or the 1 bath thing will narrow down the potential renters volume? Same applies when trying to sell it in the future, will this may cause the property to not appreciate as fast as similar 2 baths condos?

Thanks a lot,

Samy

[Olivia Radziszewski]

Hi @Hossam Mohamed- this definitely does narrow down potential renters and buyers in a future selling situation. However, I always like to point out to clients of mine in your situation that you can do some research to see if one bedroom rental listings in the area that you are looking to purchase are sitting for longer before getting rented. Or same for one bedroom listings. Ultimately, there is typically still a market for these types of properties or they would all be sitting vacant! I would recommend you do some research, though. Good luck!