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Updated over 6 years ago on .

User Stats

16
Posts
5
Votes
Alyssa ODell
  • Rental Property Investor
  • Dayton, OH
5
Votes |
16
Posts

Fourplex Zoning Question

Alyssa ODell
  • Rental Property Investor
  • Dayton, OH
Posted
Hi BP! Need some help here. We’re work on making an offer on a small multi family house. Our understanding 1-4 units are considered residential and comps are based on similar houses in the area. When we look up the zoning of the house it’s currently zoned as “apartments 1-19 units.” It’s a four plex and the garage is being rented out as storage to non-live-in tenants. Will this affect our loan and appraisal? We appreciate the advice!