General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 1 year ago, 04/18/2023
Weird 1BR, or Weird(er) 2BR?
I bought a triplex in Pottstown, PA in January with a wonky layout. It's a three-story building and each floor has a 1/1. I got two of the tenants out on Saturday and am planning to do some renovations before getting it on the market to new tenants. Both of the empty units have an awkward room that isn't a bedroom and isn't a living room. I'm considering converting both to proper bedrooms (doors, closet) and listing them as two-bedroom units. An apartment in this area with a second bedroom gets an extra $250/mo. My question is: what's more weird, the current layout, or my proposed layout that doesn't include a living room sort of space? The other thing I could do is leave them 1/1s and do something to open them up and create a living space. I just don't know what makes the most sense.
Notes: The existing hallway in the second floor unit is only 24" wide(!?!) and it needs new floors throughout, so I'll be doing work regardless of the ultimate layout. On the third floor, the only real change shown is flipping the tub and sink so you can get to the bathroom from the hall.