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 almost 5 years ago,
Surrounding properties curve appeal
Hello everyone,
I found a duplex on the MLS that seems like it has a lot of opportunities for myself since I am a first-time buyer. The property has been rehab and has tenants in one unit. My only problem is the local homes do not seem like they take good care of their yards and right across from the house there is an abandoned warehouse or it's being used but pretty worn down. I am afraid this will hurt the value and hurt the opportunity of being able to rent it out. The house is going for 179k. The total square feet combine is 900. It's pretty small. The roof, floors, and appliances have been completely redone.
My main concern is the surrounding area. What do you all look for when it comes to the local homes?
Thank you all for your time.