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Updated over 3 years ago on . Most recent reply
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Should I convert a single family investment property to a duplex?
I own a property in Rhode Island that was at one point a two-family dwelling. It was converted to a single family years ago. It is in an area with lots of multi family properties.
I currently rent it by the bedroom and gross 1800/month. 4 bedrooms upstairs. 2 bedrooms downstairs.
Should I convert it back to a two unit? What are the implications of I decide to convert? I would probably gross approximately 2300 plus or minus.
Any input would help. I really appreciate it in advance!
Joe
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@Joe Bakleh you'll need to look into whether you can convert it back to a 2-family based on current zoning requirements.
Just because it was a 2F in the past doesn't necessarily mean it's an automatic approval to go back to a 2F now. Lot size requirements may have changed, and it may have been a grandfathered 2F to begin with.
I'd recommend reading the Providence Zoning Ordinance, particularly the "Dimensional Standards" section/tables. You could also go to the building department in person and ask informally if they think it's likely something you'd be able to do.