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Updated almost 2 years ago on . Most recent reply

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48
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Edgar Sanabia
  • Real Estate Agent
  • Saint Petersburg
19
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48
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duplex hack ?

Edgar Sanabia
  • Real Estate Agent
  • Saint Petersburg
Posted

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

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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
6,575
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Michael Baum
#2 Short-Term & Vacation Rental Discussions Contributor
  • Olympia, WA
Replied

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...

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