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Updated about 3 years ago,
Convert SFR to Duplex?
I just made my first real estate investment purchase....just dipping the big toe. At any rate, it is in a suburb but more of an urban-type suburb. It is a 2-3bed and 2 full bath single family. But! It is zoned for a multiple family and at one time was a duplex. I know I can get about $1500/mo for a single family and I can get about $1700+ for a duplex. I just am not sure in the area what is more desirable. There are a lot more 1b/1b units for rent than 3 beds but I don't know what make of that information. Also, since this is my first property maybe I should "keep it simple stupid." I am working with a partner who has experience with flips and could be a great asset in the process of a conversion to a duplex. BP community, what do you all think? Thanks in advance for any insights!
-Susie