Quadplex in Historic District

[Luke G.]

I'm looking at a quadplex in a historic district in Nashville. The east Nashville neighborhood has gone through a lot of gentrification and this unit is in one of the better parts of the area close to downtown. The asking price is 610k. Each apartment rents for 1100 a month. All the units were updated 8 years ago. There was a mention of a dilapidated basement unit. 

I'm in my early thirties, make 80k a year and have 20k in savings. My plan would be to live in one of the units. Thoughts?