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Updated about 11 years ago, 10/09/2013

Account Closed
  • Investor
  • Buffalo, NY
15
Votes |
100
Posts

1 bedroom townhome, is it worth it?

Account Closed
  • Investor
  • Buffalo, NY
Posted

A foreclosed one bedroom town home came on the market recently. The way the town homes are set up in this area is 3 3 bedroom town homes together with 1 bedroom town homes on each side of the 3. There aren't many 1 bedrooms in this complex. Its move in ready (with a coat of fresh paint) is it worth picking up? Anyone have any thoughts at how well the desire is to a single person renting a 1 bedroom town house compared to renting a 1 bedroom apartment? Its much larger than your standard apartment and offers a little more than an apartment would. The numbers work out, my concern is the ability to get someone in there. As for comps there wasn't much to go with since there arent that many 1 bedrooms for rent in the city as apartment complexes pretty much have the market cornered on that.

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