A fresh coat of paint in a modern neutral color and updated lighting can really elevate those spaces.Adding a deck or patio can be a great way to increase usable living space and boost value.

With 4 years in container conversions, we're transforming shipping containers into modern, efficient tiny homes and small homes.Currently working on a small, 10 home, senior housing development.Expertise: Container home design, sustainable building, alternative housing.Looking to: Connect with investors interested in container homes, share knowledge about factory construction, and learn from the BP community.Feel free to reach out if you're interested in container homes or factory building practices!"

If it was mine, I'd fix those bathrooms up with real tubs and tile and different vanity tops and change out the kitchen laminate with something modern and I definitely wouldn't supply appliances.Would it work...

Cheap rates and modern tech are great, but none of that matters if they can't actually get you to the closing table.

I remember reading something in the Wall Street Journal the other day that buyers lean toward modern finishes with a nod toward sustainable materials.

I think there are two maybe 3 ways to look at this in my mind.  1) you go into it and bring it all up to modern standards but using that old charm to basically take what is there bring it up to modern standards and rent it out essentially I'm thinking cocktail bar or something trendy like that.2) most banks are on really good centrally located real estate if this is true, then I'd consider it for the dirt, plan to scrape the lot and go vertical with whatever the highest and best use is.3) a kind of combo of the two, if the lot is in a good location and its doable, pull the vaults or other "character pieces" out of the building, scrape the lot, and build whatever is best suited for the site there, but incorporate those historical pieces into the final designs.Is the site near a major retail area? 

@Chirag Mehta For construction costs, you should be around +/- $100 PSF which would include all sitework, utilities, and going vertical with modern finishes.  

I did put in about 15k of work into the place to get it from the 1980's look to something more modern as the rentals I am competing against are newer builds, but at higher price points. 

Left some of the character while adding modern amenities, brought it up to code, and staged it.

I only hold decent properties in nice areas, modern construction, etc.