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Updated over 7 years ago,

User Stats

12
Posts
4
Votes
Delsater Z.
  • New to Real Estate
  • New York City, NY
4
Votes |
12
Posts

Can you turn this basement into an independent unit?

Delsater Z.
  • New to Real Estate
  • New York City, NY
Posted

Hello! I hope I chose the correct category for this question.

Im considering to buy a Duplex near Decatur GA (Atlanta area) which happens to have a basement with its own separate entrance.

Is it /feasible to turn this Basement into a 3rd independent unit, legally speaking?

The house is built on a slope, allowing the basement to have windows on all 3 sides (only 1 side fully underground).

The seller's offer includes this Basement as a 3rd rentable unit.

However it is not currently registered as an independent unit and does not yet have water/electrical meters.

(this house was converted from single family to duplex about 12 years ago)

The owner has already done some work: frames for partition walls (each room has a window) as well as electrical wiring, plumbing, AC and ducting. I'd have to complete finishing it AND get water/electrical meters.

Does this deal sound legit? Is it feasible? Can I turn this basement into a 3rd rentable unit?

I'd really appreciate your insight, cheers!

Z