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Updated over 11 years ago,
Trying to estimate repair costs of a fourplex...
I have found what I believe is a fairly good deal on a fourplex in my area. The fourplex is nearly 50 years old. I just received the seller disclosure and I am trying to get an idea of what the repair costs are going to be.
Here are the causes for concern...
- 10 year roof (undocumented, so may be older...)
- 1 soil stack must be replaced
- 2 kitchen stacks must be replaced
- One unit has water damage to the tile floor and tiled walls. Seems as though owner just laid laminate flooring over the top of the tile and put a fiberglass shower over the tiled areas. Disclosure says repair could be permanent if venting is added.
- Kitchen sink in one of the areas must be reglazed or repaired.
- A vanity in the same unit must be reglazed or replaced
- The kitchen floor in one of the units "may" have water damage
I am trying to get an overall cost estimate on the repairs. I can replace the flooring myself and probably replace the sink/vanity. I have little to no experience with the other tasks.
If anyone with a bit more experience has any thoughts, I would love to hear them.