Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago,
Buying a Duplex converted from a SFH
Greeting
I am in the process of looking for a MulTi Family property in the NYC area
I found a house that’s pretty clean and renovated.
It has been converted to a 2 Family (it was a SFH initially)
I personally haven’t seen the house in person but what the real estate agent has told me
One of the units is a 2 bedroom and the other is a 1 bedroom and I believe one of them does not have a living room.. basically a kitchen.. bathroom and the bedroom.. not sure which unit doesn’t have the living room.
Anyways, does anyone have experience with Duplexes converted from a SFH..
are they good investments?
I plan on living in one of the units and after a year, renting the whole thing and buying another property when I have the down payment for it.
Any help is much appreciated