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Updated over 4 years ago on . Most recent reply
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A 3/2 with a detached apartment behind it?
Hey all,
As I hunt for my first multiplex, I'm coming across 3/2 SFHs with either one or two apartments in a detached building behind it. I'm curious for anyone out with one of these setups. At first glance, it would seem like someone interested in a full size single family home isn't interested in having people live on the same property behind their house and it may prove harder to rent out than the apartments themselves. Or at least, that's my guess. Or am I wrong? I keep coming across a 3/2 SFH with a detached 2 car garage and a 2/1 above it.
The numbers work for me. But I'm concerned about rentability with the front/main house after I move out of it in a year.
Thanks again!
Most Popular Reply
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I wouldn't worry about the rentability at all. Arrangements like this are quickly becoming the norm as cities work to combat sprawl and increase density of housing.
Several of the BP podcast guests have remarked that many of their excellent deals were SFR on large lots where they could put another apartment behind the main building.