Two, three, and four unit buildings around the City are popular alternatives for folks who want to own, but also want to be landlords. We know quite a few people who own these buildings, live in the best unit, and rent out the others. These buildings are also popular with investors, who buy, hold, and rent the units out over the long term.
What kind of landlord would YOU be?
How have these buildings fared over the long haul? We found out by taking a look at median values over a 14 year history. There are anywhere from 500 to 1,000 of these sales each year, so plenty of data points go into each median value on the chart.
Here’s a look at the trend:
