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HomeForumsInnovative Strategies 2 to 3 family - convert basement unit
JP Krueger's profile image
JP Krueger's profile image
JP Krueger
  • Real Estate Investor
  • from Beverly, MA
  • Member since Dec 17, 2014
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JP Krueger's profile image
JP Krueger's profile image
JP Krueger
  • Real Estate Investor
  • from Beverly, MA
  • Member since Dec 17, 2014
Connect
JP Krueger
  • Real Estate Investor
  • Beverly, MA
7
Votes |
25
Posts
Innovative Strategies

2 to 3 family - convert basement unit

JP Krueger
  • Real Estate Investor
  • Beverly, MA
Posted Jul 28 2016, 09:04

Hi world. I have a 2 family in East Boston, MA that had some work in place for a basement apartment when I bought it. The house is currently a 2 family and I was hoping to make it a 3. It might take 35k for the renovation and I would be looking at $1200/month from the unit. Pretty nice ROI. The ceiling height is ideal and the unit would have one egress through the basement door and another through a window. What are the legal steps in this process?

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