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James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
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Indianapolis Triplex Missing a Furnace… Here’s Why

James Wise#4 All Forums Contributor
  • Real Estate Broker
  • Cleveland Dayton Cincinnati Toledo Columbus & Akron, OH
Posted

Indianapolis Triplex Missing a Furnace… Here’s Why

At first glance, it looks like this Indianapolis triplex is missing a furnace—but the truth is way more interesting. The property has 2 furnaces in the basement, and the 3rd is in the attic. Why? The 3rd unit was added later, so the HVAC had to be modified to accommodate it. This is a perfect example of what investors need to know: older buildings, later additions, and unusual layouts can change everything about how a property operates—and how you analyze it for cash flow or Section 8.