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Definition of multi-family in the Definitions.net dictionary. Meaning of multi-family. What does multi-family mean? Information and translations of multi-family in the most comprehensive dictionary definitions resource on the web.
Single family means just that, it is zoned for one family as opposed to a Multi family zoning which generally are Duplexes/Triplexes..etc and are multi unit properties. Basically it is the Type of building/construction vs. how many families can live in that property. Multi-family vs Single Family Real Estate Investing by .
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A building or structure that is designed to house several different families in separate housing units. The most common type of multifamily housing is an apartment building.Duplexes, quadruplexes, and townhomes also qualify as multifamily housing. The entire building or structure may be owned by an individual, an entity, or, as is the case with condominiums, by individuals who have purchased.
Best Answer: "Multi family housing" referenced in a covenant refers to the type of structure, not the persons whom reside in the structure. multi family generally means any building with more than one distinct residence. Examples are duplexes, apartment buildings, etc. Some states define multi-family as.
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Answer by Andy Zavoina: Multifamily means it is 5 or more units (or will house 5 or more families). Since it refers to a "dwelling" and a dwelling can be connected units or stand alones, I do not believe the units have to be in one structure to be multifamily.
What does multi-family mean in real estate? Definition of Multi-Family. A multi-family building or home has multiple units owned by one or more parties. Condo buildings and duplexes can be considered multi-family residences, but with a duplex, both the property and the land are recorded on one.
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