Affordable apartment with some issues
Pros
Great location with lots of restaurants, bars and gyms nearby, decent rent for the size of the apartments, landlord lenient on pets and Airbnb
Cons
Older building with poor water pressure and old structure of the building. No amenity. Building repairs not always done by professionals, so some issues such as ceiling peeling caused by leaks from the floor above, tend to recur.
Advice to the owners
Use professionals for repairs
Weigh pros and cons before moving in
Pros
Good location; Rent is decent compared to others in the area; apartments are larger than newer buildings; easy approval for apartment; landlord very lenient with most things as long as you pay the rent
Cons
Building is old, sometimes issues with electricity overloading, plumbing issues are chronic; not professionally managed; repairs are done minimally and typically are a temporary patch-up of the issues and likely re-occur just months later; landlord hesitant to address pest issues; building is heated to the minimum required temperature in winter, and heat runs on a timer as opposed to based on outside temperature; very frequent tenant turnover
Advice to the owners
Improve building maintenance will likely decease tenant turnover
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