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Updated over 4 years ago,

User Stats

36
Posts
3
Votes
Adrienne Donato
  • Rental Property Investor
  • Long Island, ny
3
Votes |
36
Posts

Multiplex as first investment?!?

Adrienne Donato
  • Rental Property Investor
  • Long Island, ny
Posted

If you were running numbers on a potential multiplex property, with 3 different streams of income:

- 2 fully rented apartments

- Detached 2 car garage

- 3000 sq ft Zoned for Commercial use & storefront (but I’m looking into rezone options)

what are your creative ideas for the rezone space? And if it can’t be rezoned, what types of businesses do well in a somewhat quiet residential area?

This would be my first investment property!!!

It’s a little more than I intended to spend in a first investment, but I’m so intrigued by the space, I’ll sort out the money. Or get a partner.

Help please! And thank you. #askbp

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