Rehab of a historic Civil war era home

[Shane Newell]

I'm torn on a few decisions regarding the scope of a flip property I closed on last week in NJ (this is only my second flip, but I've rehabbed 8 rentals so far using the BRRR strategy). The property is a cute, historic home that is very outdated and needs some love (The front rocking chair porch is collapsing and the house hasn't been updated in a good 50 years!).

The house is a 2 bed, 1.5 bath property with a odd separate shower squeezed into an upstairs hall closet.  What do you all think will get me the best bang for the buck: 1. combining shower with half bath and making the house a 2.5 bath property

2. setting up a 'laundry room' on the second floor, between both bedrooms (laundry hookups are currently in basement)

3. Capping all plumbing and adding a nice, big linen closet (closet space is somewhat limited given age of home.

Other decision is to keep above ground, in basement oil tank or converting to nat gas.  Boiler is relatively new, and nat gas is already coming to house.

Thanks for any and all feedback BP!