Real Estate Term of the Day: Duplex
DUPLEX – two dwelling units under one roof (Barron’s Dictionary of Real Estate Terms)
Duplexes are most often found in dense urban communities, where land is more expensive than suburban communities. A true duplex is often considered an attached single family. They are separated by a common wall (fire wall) and most often have party wall agreements to handle various maintenance issues, water/sewer bills, etc. Many trendy neighborhoods around denver offer lots of opportunities for living in a duplex. If you would like to search for a duplex in Denver, please contact me.
Barron’s Dictionary of Real Estate Terms
