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Portfolio of 5 buildings with 42 apartments in Connecticut $ 2,000,000 - Hartford, Connecticut Date: 1/23/2019…

Portfolio of 5 buildings with 42 apartments in Connecticut $2,000,000 – Hartford, Connecticut Date: 1/23/2019 ? 42 apartments in Connecticut ?️ State ? City ? Neighborhood *********************** Transaction Type ************************** * ?️ Transaction type Property that already has a paying tenant - TurnKey transaction? Is the property under contract? - No, the property is not under contract yet? A multi-family property?…

Responses

  1. I am of a minority opinion that although it is illegal but in the future all authorities will understand that the distribution is good for the city's economy and leave it under restrictions. There is a chance that they will settle in it after the wedding… So if the neighbors do not report and the environment is not so bad you can share. In any case, you should buy an apartment that has been divided and rented for several years

  2. Benefits: Higher income than rent

    Disadvantages: According to section 204 of the Planning and Building Law, there is no statute of limitations for construction offenses, a fine of tens of thousands of shekels, a criminal offense…

    On the other hand if you are a senior politician you are allowed almost anything…

  3. As a principle this is illegal, but reference to it varies from authority to authority. Not every authority enforces it and not every authority has the means to enforce it. The question is where the investment should then be ascertained in the municipality

  4. A lot happens in Tel Aviv and the center and in general near student areas, in most cases the risk exceeds the benefit, the fine can reach tens of thousands of shekels and the property owner's charge to return the property to its original state, in some cases a legal permit can be obtained under certain criteria.

  5. In all cities it is illegal. There are cities that have strict and unpayable enforcement to embark on the adventure and there are mountains with slippery policies that overlook a shortage of manpower from a slaughtered city engineer for no reason. There are loads of cities that you can divide anywhere you are at least at one risk. That you will fall on neighbors who tripled on you

    (Take into account that many banks either do not give mortgages on divided apartments or give reduced mortgages)
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