Below grade bedrooms rentable and resale value?

[Arielle O.]

Need some advice! We found what looks to be a steal - a 2 bedroom new construction super low taxes in perfect location (we otherwise wouldn t be able to afford this location) right in center city philadelphia, only concern is that both bedrooms are below grade in basement but it's in great condition since it's new. Thoughts on if we should take the leap? How undesirable is that really from a 1. Renting point of view and 2. Resale value in the future point of view? Anyone own a rental in center city with below grade bedrooms have issues renting?

[Steve Mabus]

In my experience lower level units are less desirable and minimize your rental income. Also, some appraisals may calculate the lower level differently than above grade. Lastly, has the unit been properly protected from ground moisture penetration?