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Updated over 3 years ago,
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