What investors look for in a duplex
- Separate meters. Separate electric (and ideally gas and water) means the tenants usually pay those bills.
- The big stuff. Roof, heating systems, electrical panels and the foundation. These drive repair costs.
- Leases. How long is left, what's the rent, and is there a security deposit to transfer?
- Rent vs. the area. Are rents in line with similar units nearby?
- Zoning and permits. Is it legally two units? Ask the township.
- Parking and layout. Separate entrances and off-street parking help.
General info only, not tax, legal or investment advice. Check with your CPA and attorney.
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Text NEW to 717-510-1452Written by Josh Schoenly, REALTOR® with eXp Realty, LLC (PA License RS307071). More about Josh. This is general info, not tax, legal or investment advice. Check with your CPA and attorney.
