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Updated almost 4 years ago,

Hollis Malkowski's profile image
Hollis Malkowski's profile image
Hollis Malkowski
  • Rental Property Investor
  • from New York, NY
  • Member since Feb 25, 2020
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Hollis Malkowski's profile image
Hollis Malkowski's profile image
Hollis Malkowski
  • Rental Property Investor
  • from New York, NY
  • Member since Feb 25, 2020
Connect
Hollis Malkowski
  • Rental Property Investor
  • New York, NY
1
Votes |
2
Posts
Rehabbing & House Flipping

Adding additional unit - how much value does it add? Ithaca, NY

Hollis Malkowski
  • Rental Property Investor
  • New York, NY
Posted

@Madison Heck and I are currently closing on a 225K with two units - 5 bedrooms total. Our estimated rent for those two units is $4k total ($800 a bed). There is the potential to convert the basement into another unit - either 1-2 bedroom. How much will this basement unit increase the overall property value?

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