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Tag Archives: small offices

Commercial Property Vs Residential Property

Residential property

Before we weigh the pros and cons between a residential property and a commercial property, let’s define the two real estate terminologies. A residential property is any property that derives all or nearly all of its income from dwelling units. Single-family homes, multi-families, apartment buildings, condos, co-ops are all residential. For commercial property, we’ll use a typical layman’s definition: property ...

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