Multi-family homes are the least common type of residential building. They are essentially a home that has been turned into two or more units. They can be rowhouse-style or have multiple floors, and range in size from a duplex to a four-plex; anything more than four units is considered commercial. Some multi-family homes have a separate entrance for each unit, while some share a main entrance. The distinction between multi-family units and condos is that the units can’t be purchased individually; there’s one owner for the whole building.
Multi-family homes are ideal for those looking for an investment property: many decide to live in one unit, and rent out the others for income, or simply rent out all units. They are also a great option for multi-generational households; they allow family members to live in the same building but have their own unit.
Seach Multi Residential Income Properties in Santa Cruz County
The Deacon Group
620 Capitola Ave, Capitola, CA 95010
CA DRE License