Manhattan Beach Duplexes
For those who want to live by the beach but are worried about the costs of owning a home in this highly desirable area, buying a duplex can be a great way to go. Owning a Manhattan Beach duplex will allow you all the benefits of living in this great area while also possibly making some extra money. You can live in one side of the duplex and rent out the other half and make money off of the rent. In some cases you can actually rent out half of the duplex for more than the total of the mortgage you have on the property meaning you’ll actually make money living there.
Most duplexes in Manhattan Beach have one unit in the upper half of it and another unit on the lower half. Choosing which one you want to rent out and which one you want to keep for yourself can be an important decision. You can often rent out the bottom half for more money because it is more convenient, but you may want that convenience for yourself. Whichever way you choose to go with this, you’ll still be living in one of the best places in the state and for much less than could be possible by buying a single family home and paying for the whole thing yourself.
Duplexes in Manhattan Beach
Both you and your tenant will be able to enjoy the great location in some of the nicest parts of Manhattan Beach. There are duplexes in just about every area of the city so you can pick on that is located near the areas you like the most. If you’re someone who enjoys going to the beach, for example, you can buy a duplex that is on or near the water and be able to enjoy the beach any time you want. With all the advantages of buying a Manhattan Beach duplex you’ll definitely want to consider this great option.