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Updated over 3 years ago,
Change Property Type Residential to Multi-Family
Hello everyone!
Has anyone been through the process of changing a residential property to a multi-family property? I recently found a multi-family property I've been eyeing is zoned for residential. I would like to write a contract to purchase the property contingent on approval to change the property's zoning (has to go to Board of Commissioners, takes about 60 days).
Details on the property: 2 buildings, 1 occupied duplex, and 1 non-occupied 4-plex. The 4-plex needs work to get up-to-code, while the duplex is actively rented (both sides). Technically since the duplex is rented today, the property is non-conforming and no other work can be done until the rezoning is approved.
Thank you!