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Updated over 5 years ago,
Home renovation running into zoning problems
Looking at a house that is 6k sq ft. It has about 3+ kitchens already. It would make a perfect triplex.
The planning commission says it is R1. I checked and the city guidelines have it as too small of a lot for R3 triplex.
1. Is there any process that might be worth doing to rezone even if it doesnt follow city standards for size?
2. Should I operate it like a large single family and renting rooms out?
3. Is it worth rehabbing into as very nice home?
Price 250k
Rehab 100-150k depends on what we want to do
appraisal 365k currently.
There are 2 homes in .5 mile 6k sq ft, both newer but 1 is on the market for 900k the other 700k. I think 500 might be a fair ARV.