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Updated almost 7 years ago,
Property Beside a Funeral Home
Hello!
I’ve found a home in a relatively good neighborhood, near the local college. The lot is zoned B-1, which in the area means it supports multi-family, but has a single family house on it currently. I’m looking into the viability of a building a second structure on the back of the lot that would face a back street.
Only potential problem is this: the lot borders a funeral home.
Has anyone here managed multi units beside funeral homes? Does it attract any different quality of tenants than, say, a multi family a few blocks away? Have there been any unique challenges related to owning a property in this type of location?