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Updated over 9 years ago on . Most recent reply

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12
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Clarence Smith
  • Investor
  • Philadelphia, PA
0
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12
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URGENT Help Needed! Buying a triplex in Philadelphia classified as two family dwelling

Clarence Smith
  • Investor
  • Philadelphia, PA
Posted

Bigger Pocket community, 

I am due to close on a house in two days.  The triplex (house having 3 one bedroom apartments) is zoned RM-1 but only classified as a two family dwelling.  Will this present any real issues? Should I try to get out of the deal? 

-Clarence

Most Popular Reply

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30
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6
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Drew Palmer
  • Investor
  • Philadelphia, PA
6
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30
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Drew Palmer
  • Investor
  • Philadelphia, PA
Replied

A couple things I'd consider are: 

* Use the Philly zoning beta website to see what the current use/occupancy is http://www.phila.gov/zoningarchive/

* Let's say the current use is duplex.  RM1 zoning is good, but you need a certain lot size to do an over-the-counter conversion from 2 units to 3.  You need 1080 feet to get 3 units.  Here is my cheat sheet hope it helps: 

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