It’s an investment property with three separate living units and can be one or more stories tall, depending on its layout A triplex is a residential property divided into three separate living units—each with its own entrance, kitchen, and utilities Triplexes often connect to other buildings and units, like row houses and townhomes.
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A triplex is technically considered multifamily real estate and is sold as one building that an owner usually rents out as three separate units
That said, the owner will also sometimes live in one of the units while renting out the other two.
Explore the pros and pitfalls of buying a duplex, triplex, or fourplex A triplex is a residential building that contains three separate living units under one roof, often found in apartments in new york city or rentals in los angeles. Look up triplex or triplex in wiktionary, the free dictionary. These units could each be rented to three different tenants, while under the ownership of a single landlord.
What is a triplex in real estate
