Updated almost 6 years ago on . Most recent reply
Converting 7 Unit Into a 2 Unit
Hello, all!
I am about to write up a contract with a seller of a 7 unit apartment building for my first deal using seller financing. The 7 unit apartment is set up similar to a boarding house with 2 efficiency units and 5 single room. It is zoned for 4-19 unit apartment. It could easily be converted into an 2 unit upper and lower with a 3/1 and 2/1. I would like to do so for a different tenant pool. I consider placing section 8 tenants. My question is if I need to worry about the zoning. Should I try to get it rezoned with the city? Are there any problems I might face in doing this?