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General Landlording & Rental Properties

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Ken Powers
  • Bayside, NY
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Are there ever too many bedrooms in a unit?

Ken Powers
  • Bayside, NY
Posted Apr 12 2013, 18:58

I've been researching multi-family houses, and a thought occurred to me. Most of the apartments I know of have 3 bedrooms or less. Most of the condos I've ever seen are also 3 bedrooms or less. Is this an indication that people who need more than 3 bedrooms are more likely to buy a house than rent an apartment? I see a nice two-family house in the Corona neighborhood of Queens where one unit is a 3 bedroom 2 bath unit, and then other unit is 4 bedrooms and 2 baths. Part of me feels it would be a great investment, but another part of me worries that the market for a 4 bedroom apartment would be much more limited. My girlfriend seems to think it would be a good investment, and I certainly value her opinion. What are your thoughts?

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