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Updated over 4 years ago on . Most recent reply

User Stats

7
Posts
2
Votes
Seth Kodner
  • Rental Property Investor
  • Philadelphia, PA
2
Votes |
7
Posts

Should we rent out a multifamily property with separate leases?

Seth Kodner
  • Rental Property Investor
  • Philadelphia, PA
Posted

I am under contract for a property near Temple University campus in Philadelphia. It is zoned as a multifamily but not built with separate units.

Can we rent this out with two separate leases or does there have to be a physical barrier between units?

Likewise, if we bought a property zoned single family, but it was separated into different units, could we rent it out with multiple leases or should we go through the tedious rezoning process?

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