The renovation that you describe can typically cost between $15K and $25K depending on the finish level (granite countertop or faux granite, LVP flooring or carpet, repipe is needed?

The home has this vintage Italian theme, which can be charming, but I feel it may limit the potential candidates that would actually want to rent it.

Call a commercial appraisal company and ask them what newer vintage 5+ unit trade Cap Rate wise for the subject area. 

[goes on to describe all the reasons that the Zillow number is the end-all-be-all bible of home values even though the VERY FIRST thing they said was that it can't be relied upon]For all of us here, the best move to protect the equity of homeowners, especially since many here are homeowners multiple times over, is to completely and perpetually boycott all the faux MLS websites. 

But this house Is A 1904 Vintage Farmhouse!

Then Jamal had to throw him out for stealing his prized vintage comic books.

On an exchange you win if you upgrade location, vintage, and cash flow.

Late 90s: rag roll, faux finish everything.

I am in 249/Louetta (Vintage Park) area.

The few properties I was selecting for a Owner/Occupier that had decent value were running about 0.8% and a cash flow of barely break even.You'll also notice a huge difference in price between rehabbed properties and ones whose vintage 1900 age is immediately apparent.