Building a four-plex in Charlotte NC

[John LaVecchia]

I am interested in house-hacking a fourplex, but to find a deal that makes sense is very difficult. I am curious about the possibility of creating my own deal. Here are the specifics of what I want to build:

2 bedroom 2 baths (or 1 bath if it makes a significant difference in price)

~800 sqft per unit

Located in Charlotte within 15 minutes to the center city (not west of 77)

Vinyl siding

B or C class finishes.

If I'm missing anything let me know, and thank you for the help!

[Andrew S.]

Originally posted by @John LaVecchia:

I am interested in house-hacking a fourplex, but to find a deal that makes sense is very difficult. I am curious about the possibility of creating my own deal. Here are the specifics of what I want to build:

2 bedroom 2 baths (or 1 bath if it makes a significant difference in price)

~800 sqft per unit

Located in Charlotte within 15 minutes to the center city (not west of 77)

Vinyl siding

B or C class finishes.

If I'm missing anything let me know, and thank you for the help!

 I have a higher-end 2x 2/1 duplex in a prime downtown location where each side is 800sqft.  I expect your main issue with a second bathroom will not be cost, but space.  Most folks who are willing to pay top rent, will want to have a little more space - this is the most frequent feedback I get whenever I turn over one of the units.  800sqft gets very tight for a 2/2.