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Updated over 10 years ago on . Most recent reply

User Stats

233
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222
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Bradley Bogdan
  • Investor
  • Eureka, CA
222
Votes |
233
Posts

Splitting a SFH into a MFH

Bradley Bogdan
  • Investor
  • Eureka, CA
Posted

Hi all,

I'm wondering if anyone has a rule of thumb cost for splitting a SFH into a MFH under the following assumptions:

- Splitting Power/Gas between the two new units where the circuits for the home don't need to be rearranged, just separately metered. 

- No major floorplan changes (ie legal external doors exist for both units) other than converting 1-3 doors or archways into walls between the new units. 

- No work done to the Water/Sewer for separate metering. Leaving that as a landlord paid utility. 

- Average legal/city filing costs for splitting a home (if any?)

Mostly, I'm curious if this is usually an economical option to convert the large stock of SFH to MFH locally, rather than competing for MFH properties. I see a decent amount of evidence that its been done in town before, so someone must have thought so! Thanks!

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