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Updated almost 6 years ago,

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4
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Matt Phillips
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4
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Long term tenant in Triplex

Matt Phillips
Posted

I want to purchase a Triplex in North Carolina and 2 of the units have been renovated but one has not. The renovated units are renting for $650 each and have a one year lease. The other unit is renting for $325 on a month to month lease. The tenant is an elderly woman on a fixed income who has rented the unit for 8 years and I’m told is a hoarder - I have not seen inside her unit yet. I am putting an offer on the property and would like to bring the $325 unit up to par but don’t know how to handle the tenant. Would you give her a longer notice to find a new place or just leave her be?

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