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Updated almost 7 years ago on . Most recent reply
Did I hurt the "rent-ability" of this house?
Hi BP community! I would like to crowdsource some opinions on if I may have damaged the long term rental appeal of this townhouse with some of the modifications I made to make it semi-house hacked:
- Bought an undervalued 4bed/3ba TH in need of cosmetic renovations.
- Built two walls/doors separating first floor from second floor and installed a washer/dryer in one of the third floor bedrooms during renovations.
- Roommate rents out bottom floor while I live on the top two floors.
- The ROI on house hack reno is 100% (will recoup all costs within the first year)
- Concerned that this semi-split set up may not be very appealing to future renters once I move out in 5-6yrs and rent it out
- It looks fine cosmetically but closing off these levels makes the house feel somewhat less open.
- Located in suburban area.
Tearing down two walls and removing the upstairs w/d would not be very expensive so if it would be worth it to do this prior to moving out, it is something I would consider. What are your thoughts?
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