What is a Townhouse?
A townhouse is a type of multi-story residential building that shares one or more walls with adjacent units but has its own separate entrance. Typically arranged in rows, townhouses often feature multiple levels with private living spaces and may include features such as small yards or rooftop terraces. They are popular in urban and suburban areas where space is at a premium, offering a blend of privacy and community living.
Advantages for Real Estate Investors
Townhouses offer a unique investment opportunity by combining affordability with desirable features such as privacy and community amenities. Their multi-level design maximizes living space on smaller lots, attracting families and professionals. Townhouses generally have lower maintenance costs than detached homes, making them appealing for long-term rental investments and steady income streams.