At Side by Side, we love duplexes and multi-family properties. However, they are not the perfect fit for everyone. Everyone’s preferences and situations are different, so here are some main differences and pros and cons of duplex and condo properties.
An ideal option for those looking for minimal maintenance and upkeep. Condos are individually owned units that are part of an association of other owners (HOA). Units typically share at least one common wall with other units.
Two homes within the same building with one owner. The units may be on multiple levels (up/down) or side by side with a shared wall. A duplex, commonly called a multi-family property, because more than one family lives in separate units within the same house.
If you are ready to discuss what purchase makes the most sense for your situation, we are here to help! We love talking about real estate and helping you create a plan for success. Our mission is to help buyers attain financial independence through real estate investing and to help you find the property that best fits your goals.