General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago,
Mixed Use vs. Townhome
Hi All,
In Portland, OR., found a mixed use (residential and commercial/medical) 3/2 unit in northern Milwaukie (ADA accessible, x ray viewers, etc.) in nice little street. Also found a move-in ready 3/2.5 (1400 sq ft) in desirable townhome community.
Townhome is 10k more but I will have to install stove, fridge, and kitchen sink/counter into medical SFH.
Question is whether it's better to have a property with land ( 1300sq ft home, .11 lot with garden) in an OK area with potential to rent out for commercial use or a townhome (~250/Mo HOA) if all things being equal.
Thanks in advance!