Best Reasons To Invest In A One Story Townhouse

The Tapestry one-story townhouse
If you are currently in the market for a new property, you have many residential building types from which to choose. Rather than investing in a condo or single family home, however, you may want to opt for a one-story townhouse instead. Following are several important reasons why.

Homes like these are simple structures that contain two or more separate living units. Rather than being separated by side yards and other physical boundaries, however, these units share common walls. Together, they typically provide the same amount of square footage that you would get from a conventional house.  Buying more than one townhome can be a wise investment.   The beauty of this arrangement is that you can live in one unit and either rent out the other unit to generate income or use it for a family member or later in life, a caretaker.

A lot of savvy investors are using this strategy to make sure that their living costs are covered. The rent that you collect from the second unit can pay your mortgage. This assistance comes in handy especially for older persons on fixed incomes.  As long as you can maintain high-quality tenants who pay their bills on time, you will be able to cover your expenses as well.

Investing in a one-story abode will also simplify your overall property maintenance. Owning the entire building makes allows you access to all spaces for maintenance, this is especially true when it comes to caring for and repairing rooftop areas. This feature will be easy to clean, whether you need to clear out the gutters, conduct an annual inspection or merely replace loose or torn flashing or other damaged elements.

Looking for a one-story home? Check out The Tapestry, an age-targeted community in Garner, NC.  Just call 919-772-4663.

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