I forgot to mention the apt is an investment property for $389,000 and the tenant pay $554.00 a month. I would guess they've been living there since the 1950's
I'd combine the bedroom next to the living room to make one big living area. The bedroom next to the kitchen I would make a formal dinning room.
I did a reverse lookup on the address. If internet records are correct the current tenants are in their 40s, which means any potential buyers won't be moving in anytime soon.
[quote]After you plotted the murder of the rent controlled tenant...
Although you say that as a joke, these real estate ads with rent controlled tenants really are tempting someone to commit murder. A buyer could easily make an instant $1M profit if the tenant were dead.
I'd improve my spelling before I worried about renovating the apartment.
This is why rent control is ruining cities. If the free market prevailed, people would invest in IMPROVING housing.
Hasn't there already been at least one case of a rent control tenant being murdered?