Brick + Beam Detroit

I have a two family and am wondering about experience converting it to a single family. Opinions on whether or not to do?

Asked by JT at 5:28pm on Nov 13 2018

I just imagine selling the property as a single family would be more profitable. We don't plan to rent the home out for long. As a convert it would have 6 beds, 2.5 baths. As a two family it currently has 3 beds/1 bath per unit.

The home has a lot of doors and possible windows that would need closing up/brick work.

Discussion

at 9:47am on Nov 14 2018

I would recommend calling a realtor to come look at the house, they can give you comparable numbers for the duplex versus a single family in that neighborhood. And then I would call a reputable general contractor to try to get rough numbers for the cost of the work that would be involved. Also factor in your time involved in managing the renovation project.

My uninformed guess would be that keeping it a duplex would make more sense. Fewer buyers are interested in a six bedroom house than in a duplex they can rent out. If the house is fine as it is, then you are just adding costs when you go to modify the layout. However, the equation would change if the house needs major renovations regardless, and if the neighborhood is such that it is more attractive as an owner-occupied structure than a rental.

Add your answer

Have a rehab question?

Ask a question in our Q&A forum. Experts are standing by.

Ask now
Ask a question in our Q&A forum at https://brickandbeamdetroit.com. Experts are standing by to help!