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Updated about 8 years ago,
Looking to buy first triplex!
Hello!
Looking at a triplex in St. Petersburg, Fl. It is a main house with an attached duplex on the back end. 2 questions.
1. Seller said we can view the main house, as it is vacant, but said we can only view the occupied duplex after an accepted contract.
I understand they do not want to disturb tenants but does that seem weird to anyone else? My realtor said it wasn't totally uncommon but you would think if I were to make such an important decision, I would be able to see exactly what I was getting into beforehand. I realize I can back out during due diligence, just curious what you all thought.
2. It is a triplex but the main house and first floor of the 2 story duplex are connected on same electricity. This is something I would obviously want to separate as seller currently pays both electricity bills and I would want to avoid. The exterior shows 2 working electricity meters and a shell of a third meter, meaning it has the basic design but clearly not hooked up. Does anyone know roughly how much it would cost to separate electric meters? Again seems weird that it is a triplex but only has two electric meters.
Hungry for your thoughts!
Tim