Until the fire on the back of this house it was most recently a legal duplex. Both units were 2 bedrooms and 1 bathroom. Each unit rented for $750-$800.

This house was originally built as a single family home and honestly I think that is what makes the most since here. With comps putting this in the $205k range and higher you can really make this a beautiful house once again.

The fire damage is restricted to the back most exterior wall of the house, the roof over the rear section and the second floor floor joists. Outside of that the only other damage from the fire is smoke damage in the finished attic.

This could easily be made into a 5-6 bedroom with 3-4 bathrooms. And for camps sake, a remodeled 4 bedroom and 2 bath house on 10th sold for $205k in May. This house has massive potential for the right buyer!

If you want to keep it a duplex then by all means do the required remodel and you can push rents north of $875 on each unit. If you finish out the attic you can even add a couple more bedrooms to the upper unit further increasing rent.