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It’s an investment property with three separate living units and can be one or more stories tall, depending on its layout Triplexes often connect to other buildings and units, like row houses and townhomes. 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.
Look up triplex or triplex in wiktionary, the free dictionary. Explore the pros and pitfalls of buying a duplex, triplex, or fourplex These units could each be rented to three different tenants, while under the ownership of a single landlord. 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.
Each unit functions like a small apartment with its own entrance, kitchen, bathroom, living room, and bedrooms. A triplex is a residential income producing property, it is not typically referred to as a house, except in cases where the owner lives in the property Many people consider triplexes to be an apartment building because they are considered a small multifamily asset.
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