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Updated almost 8 years ago on . Most recent reply

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Chanitnan K.
  • Banks, OR
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117 year old triplex

Chanitnan K.
  • Banks, OR
Posted

Could you please share experience of owning 100+ yr plex? I've never owned a plex, but am seeing a 117 yr old triplex interesting. Looks like it can generate a good cashflow, but I'm not too sure what kind of headache I should expect with 100+ yr old plex.

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Andrew Johnson
  • Real Estate Investor
  • Encinitas, CA
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Andrew Johnson
  • Real Estate Investor
  • Encinitas, CA
Replied

Chanitnan K. To help responders you should illuminate the type of plumbing, if the electric is knob-and-tube, etc. Some of these “big” items are either issues that have been dealt with or will likely need to be dealt with.

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