For those that have big families – or those that want an extra income – a duplex may be the perfect purchase for you. But just what constitutes a duplex?
Any building that contains room for two separate houses can be considered a duplex. They may be side-by-side or the second house may be on the second floor. Either way, they are two separate dwellings separated by walls or ceilings.
But, what are the benefits of having such a situation? The Powell Group has your answers.
One of the biggest reasons to own a duplex is to house a big family. For those people who have family members that can’t live on their own – or those that just want to stick together – a duplex is perfect for you. Both of you have separate areas of the house, but you are close enough to see each other every day whenever the desire comes.
Another reason to have a duplex is to make some extra money. You can rent out the other side of the house and become someone’s landlord. Certain stipulations apply, and you would have to contend with tenants. The Powell Group can walk you through the process of what needs to happen.
Of course, with the good comes some bad. There are some negative issues when owning a duplex.
As discussed above, you may have tenants – or even family members – that will live next to you or above you depending on the building. So, they will be close all the time. While this can be a good thing, it can also be a problem for those with tenants that always have a question to ask or something that needs to be fixed. All they would have to do is go next door or go downstairs. A convenience for them may inconvenience you.
Also, because of the closeness, you may not have much privacy. After all, walls and ceilings separate each other. However, you may still hear each other and all the noise that everyone makes. So, keep this in mind.
The Powell Group encourages you to look into what it takes to own a duplex. Our team members are always here to answer all of your housing questions and concerns.
If you want to move within the Western Upstate of South Carolina, log onto our website and view all of our available homes. We are sure you will find exactly what you are looking for.
(Picture used from Wikipedia)