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General Landlording & Rental Properties

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Tina Grove
  • Hamilton, NJ
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MF Investment next to a Condemned Semi

Tina Grove
  • Hamilton, NJ
Posted May 14 2014, 12:02

Rookie alert! There is a duplex on a good street in a good neighborhood we are interested in purchasing. Although the house is on a street with many well-kept homes, it is next door to a less than well-kept home and 2 doors down from a condemned semi (fire damage, the town hasn't made efforts to remediate). Would you automatically steer clear of this type of property? Would being next to a condemned property significantly impact rental potential? Any input would be much appreciated!

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