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Updated about 3 years ago, 10/04/2021

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17
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Multifamily zoned property ideas

Anthony Mitchell
Posted

My brother stays in a property zoned multifamily and has 4 basically huts on them. He lives in one and basically uses the other 3 for storage. 

I want to buy it if my mom decides to sell it. I was thinking of tearing down the huts and building 4 duplexes and aiming for 2 to be short term rentals and make the other 2 long term rentals. 

Does this sound like a good investment and can anyone recommend other strategies for the property?