Palm Beach County Multi Family Homes
Where can I get over 8% return on investment?
Below is a list of Multi Family Homes for sale at Palm Beach, Florida. Contact us today if you have questions or would like to schedule a showing of a Multi Family Home.
WIKI MULTI FAMILY HOME INFO:
Multifamily residential (also known as multidwelling unit or MDU) is a classification of housing where multiple separate housing units for residential inhabitants are contained within one building or several buildings within one complex. A common form is an apartment building.
Sometimes units in a multifamily residential building are condominiums, where typically the units are owned individually rather than leased from a single apartment building owner. Many intentional communities incorporate multifamily residences, such as in cohousing projects.
- Duplex or semi-detached– One building consisting of two separate “houses”, typically side by side, each with separate entrances and typically without common inside areas. Each of the two houses typically has separate owners.
- Apartment building – a building with multiple apartments. There can be multiple apartments on each floor and there are often multiple floors. Apartment buildings can range in many sizes, some with only a few apartments, other with hundreds of apartments on many floors, or any size in between. There are often inside hallways and inside entrances to each apartment, but outside entrances to each apartment are also possible. An apartment building can be owned by one party and each of the apartments rented to tenants or each of the apartments can be owned as a condominium by separate parties.