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Multi-Family and Apartment Investing

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Andres S Menendez
  • New to Real Estate
  • Queens, NY
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10
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Buying a Duplex converted from a SFH

Andres S Menendez
  • New to Real Estate
  • Queens, NY
Posted Dec 13 2019, 22:37

Greeting

I am in the process of looking for a MulTi Family property in the NYC area

I found a house that’s pretty clean and renovated.

It has been converted to a 2 Family (it was a SFH initially)

I personally haven’t seen the house in person but what the real estate agent has told me

One of the units is a 2 bedroom and the other is a 1 bedroom and I believe one of them does not have a living room.. basically a kitchen.. bathroom and the bedroom.. not sure which unit doesn’t have the living room.

Anyways, does anyone have experience with Duplexes converted from a SFH..

are they good investments?

I plan on living in one of the units and after a year, renting the whole thing and buying another property when I have the down payment for it.

Any help is much appreciated

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