Updated about 7 years ago on .
Fourplex Zoning Question
Hi BP!
Need some help here. We’re work on making an offer on a small multi family house. Our understanding 1-4 units are considered residential and comps are based on similar houses in the area.
When we look up the zoning of the house it’s currently zoned as “apartments 1-19 units.” It’s a four plex and the garage is being rented out as storage to non-live-in tenants.
Will this affect our loan and appraisal?
We appreciate the advice!