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Updated almost 6 years ago on . Most recent reply

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401
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Ryan Proffit
  • Saint Joseph, MO
244
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401
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Do two fourplexes on same lot qualify as an 8 plex?

Ryan Proffit
  • Saint Joseph, MO
Posted

I just want to make sure, or at least figure out whom I contact to make sure this is considered an 8 plex as far as valuation goes.  Both buildings have the same address.  Thanks in advance for any help you can provide.

Most Popular Reply

User Stats

401
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244
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Ryan Proffit
  • Saint Joseph, MO
244
Votes |
401
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Ryan Proffit
  • Saint Joseph, MO
Replied
Originally posted by @Dan Weber:

If they are on the same lot and same deed, then from a financing perspective, this is going to require commercial financing.

That being said, the value will also be assessed as a commercial property and not a residential correct?  Thanks.

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