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Updated over 6 years ago on . Most recent reply

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98
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Andrew Caldieraro
  • Collinsville, IL
17
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98
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Do you typically avoid older (1960-1970) multifamily units?

Andrew Caldieraro
  • Collinsville, IL
Posted
I was curious if most of you avoid older multi family complexes? How much more work is generally needed to get them up to code? Do you see any issues with insurance companies not wanting to insure it unless all wiring, plumbing, among other things, etc. is replaced? Even if the inside of the units have been updated, how many other headaches do you typically see?

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3,177
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Christopher Phillips
  • Real Estate Agent
  • Garden City, NY
1,999
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Christopher Phillips
  • Real Estate Agent
  • Garden City, NY
Replied

@Andrew Caldieraro

There are homes in my area built in the 1880s

Non-issue

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