Duplex Homes
Are you an investor looking for new-build plans geared towards renting or selling? Ask us about our duplex plans! We are experienced in working with the City of Richmond and are highly capable of making your investment property dream come to life.
Lower Unit: 2 Beds, 2.5 Baths, 1,188 SF
Upper Unit: 2 Beds, 2.5 Baths, 1,188 SF
Featuring open concept living, kitchen, and dining areas. Each bedroom with its own full bath, outdoor deck space for each unit.
871 Square Feet, Each unit. Total of 1742 Square feet.
2 bedrooms, 2 bathrooms
In unit laundry
A duplex is basically a two-for-one home. Duplexes are often side-by-side and share a wall, or stacked on top of each other. It’s also called a multifamily home as more than one family can live in it. When a buyer purchases a duplex, they’re essentially buying two homes.
The unique thing about investing in duplexes is that it provides options to the owner. You can choose to live in one side of the duplex while renting out the other side, or rent out both units. Renting out both units will produce monthly cash flow. And if you’ve taken the time to do your homework and snagged a great deal, it’s likely the combined rent from both tenants will cover the entire mortgage and then some. This makes owning a duplex, potentially very lucrative.
A duplex is typically more expensive than a single-family home, at least in the beginning. However, you’re getting two units in one transaction, which makes them extremely affordable, especially long term.