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Updated about 6 years ago,
Is it worth it to tear down a house to sell the land?
Hi. I have a property that is currently rented out but after the tenants lease is up would need a lot of work to get the full market rate rent. It is a manufactured property with illegal add ons that were not done well. The good: the house is in an area that is becoming a pretty desirable neighborhood. Also, the land is zoned for multi-family & 6,250sq ft lot. I am wondering if anyone has thoughts about tearing down a house to sell the land.