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Forum / Real Estate Investing / Use of 3rd floor apartment
I just bought a duplex with a 2 bedroom unit on each of the 1st and 2nd floors. The third floor has been very nicely remodeled with a half bath & shower, kitchen area and a bedroom at the front of the house. The problem is that the only egress from the third floor is down a back stairway that opens into the kitchen of the second floor unit (not the back stairway). This doesn't meet the fire code for a bedroom on the 3rd floor since there must be two methods of exiting the 3rd floor. Should I: a.) put a spiral staircase in the front of the third floor unit going down to the second floor unit? b.) market it as a "den" for the 2nd floor unit and not allow more than 2 tenants? (that's what the prior owner did although based on the rent he charged, I'm pretty sure there were 3 tenants living there) or c.) keept the third floor locked up and only use the first two floor for rentals? Or something else?
Jim K, WI on Monday, December 14, 2020
RE: Use of 3rd floor apartment
I think you should go with the first option. Put a separate staircase for the 3rd floor.
Posted by James S, BC on Friday, May 14, 2021
RE: Use of 3rd floor apartment
I think you should go with the first option. Put a separate staircase for the 3rd floor.
Posted by James S, BC on Friday, May 14, 2021
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