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Updated almost 6 years ago on . Most recent reply

Do two fourplexes on same lot qualify as an 8 plex?
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

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.