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Updated almost 4 years ago on . Most recent reply

User Stats

578
Posts
268
Votes
William Coet
  • Lititz, PA
268
Votes |
578
Posts

Is This a Good Opportunity? Buy Lot 10k, Build Duplex, 20k/Yr

William Coet
  • Lititz, PA
Posted

I know build costs are high these days, but I'm thinking about doing a very basic duplex with a blend of sub-contracting and doing some work ourselves (siding, drywall, painting).  No garage, two story, side by side, two bedroom/1.5 or 2 bath.

Land cost is 10k and the duplex will generate 20k/yr.

Looking for input on if this is a feasible project with current material costs.

Thank you

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