Commercial Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated almost 8 years ago on . Most recent reply

4 Unit Considered Commercial?
I've always been under the impression that 1-4 was considered "residential" and 5+ was "commercial." However, I am looking at a 4 unit apartment building today that is listed with Colliers (the international commercial broker) and the agent tells me that this is a commercial property.
The property isn't in an industrial or commercial area by any means, as it sits in the center of a single family home neighborhood.
Can anyone speak to that?