Short-Term & Vacation Rental Discussions
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 2 years ago on . Most recent reply
duplex hack ?
I'm in the process of purchasing a duplex with two garages. I'm planning on turning the garages into SRT. this way I can have 4 streams of income. what are you thoughts on this strategy?
Most Popular Reply
#2 Short-Term & Vacation Rental Discussions Contributor
- Olympia, WA
- 6,742
- Votes |
- 8,045
- Posts
#2 Short-Term & Vacation Rental Discussions Contributor
- Olympia, WA
Hey @Edgar Sanabia, @Devin James hit the nail on the head. I am going to bet that you would not be allowed to convert both garages. You might be able to convince the city that one of them could be an ADU, but I have never seen a municipality allow 2 ADU's on a single zoned lot.
Now because it is a duplex, that could change things. On one hand the lot could be zoned R4. Which might allow the 2 to be converted. It also could be zoned to not allow any ADU's at all because it is already a multi family property.
Time to get on the horn with the city.
EDIT - Here are the rules around ADUs in St Pete, (I am assuming the place is there) - https://www.stpete.org/residen...