Tons of Triplexes with R3AS Zoning??
Hi Philly investors,
I'm looking to buy a multi-family home in Philly, and have seen a plethora of MFH's on the MLS zoned as R3AS. Is this commonplace in Philly?
I actually saw a few dream Triplexes in Germantown and West Philly that would cashflow over $5k a year but held off on making an offer because the zoning was R3AS instead of RM1. However, now I'm starting to think that this is a normal practice in the city of brotherly love. Any insights?
Thanks,
Nyle