The wiring may or may not have ever been replaced with modern wiring.

In my city there is a historic 70 unit apartment that’s famous for its design and mid century modern architectural style.

A really simple, modern bar pull like the one linked below from HD costs a little more than the bottom of the barrell, but we're talking $3.50 vs. $1, so it won't break the bank.

We are putting roughly $40k into each unit which includes new floors, kitchens, updating bathrooms and moving a few walls to open the units up into a more modern layout.

My properties are new, which reduces capex costs and have modern layouts which are highly desirable to tenants.

I love the Victorian/Federal style architecture and character of the housing stock in the the Historic Distict, and after working out some preliminary numbers I thought it would generate decent rental income.Historic District AllentownTHE PROPERTYHistoric 1868 2 family house, (2 BR & 1 BR) corner lot, newly renovated kitchens and bathrooms and totally modernized inside, 3 car parking, outdoor decks on N 7th St.

Purchase price: $275,000 Cash invested: $110,000 Sale price: $549,500 Victorian home , we kept most of its originality with some modern upgrades added to the restroom and kitchen.

Look specifically for MOB with some value add opportunity by modernizing vacant spaces, common areas, landscaping & parking lots & thus increasing lease rates with new long term tenants.

We completely gutted the house and gave it a new functional modern interior layout.

I like that the units are modern, classy and attract families.