Beverly Investment Properties

It is a vibrant town located in Essex County, Massachusetts and has close to 40,000 residents living in a variety of communities. Ranging from spectacular seaside estates to vintage homes, the town has covered you with both. The city is known for the grassy neighborhood and pristine sandy beaches and it could just be a great time to spend your evening or weekend. Everything you could imagine of a coastal New England area is something you could easily find in this part of the Bay State. For outdoor enthusiasts, the city also offers a wide array of activities like cross-country skiing, beautiful parks, and horseback riding trails. The city is served by route 128 and is also well connected by rail service.

Click Here to Search Beverly Properties

It is always a great idea if you know how the current market is trending in the area you are looking to invest in. In this part of the state, just in the last one month, the median list price stands at $554k while the median sale price stands at $401k. Even though there is a huge demand for properties here accounting for about 5 offers on an average per home, if you are good with negotiations, you might end up getting a perfect deal. The average sale per list is 100.2% and the average down payment stands at 17% which is quite a conservative number. The median list price per square feet, as well as the median sale price per square feet, are almost identical. Also, there have been almost 36 homes sold in the last one month in the region. If you talk about the number of homes available for sale, considering the demand, it is not astonishing to see the number dropping to 35.2% compared to last year while the asking price has gone up by almost 15%.

The reason single-family homes is such a popular choice in the region is due to the fact that every other home is elegantly different to its neighboring counterpart. For people who love houses in a calm dead end of the street, you got plenty to choose from. You get some amazing options like bay windows in the master bedroom, high ceilings that are absolutely spectacular. There is a full basement space which you could convert into a workout or fitness area or just as an extra space to set up laundry units. Most importantly, almost all the neighborhoods are close to commuter rail stations as well as major interstate highways.

There is a lot of demand for multi-family homes in this part of the Bay State. You get a lot of space with almost 7 bedrooms and multiple full baths in some properties. If you are planning to rent it out to more than one family, you could set up separate utilities and the families would also have their own garage space and paved driveways. Some of the properties are quite close to the downtown area and if you are a first-time investor, it could just be a great chance to enhance your portfolio in the real estate industry.

There are quite a bit of condo lovers in the area for the simple fact that there is the great access to community room which includes exercise and fitness equipment. You could easily find options in the heart of the city and in close proximities to everything you need in day to day life. Some of them are wonderful duplex units which have been remodeled in the recent times and are just readily available to move in. Whether you are looking to live in a condo which is in a calm, pleasant neighborhood or an ultra-modern facility overlooking the beautiful skyline of the area, you are covered by both the choices.

You could easily find the office and commercial spaces in the region especially if you are looking to lease. There are stunning multi-floor options available for you with spacious parking. You get to find picturesque campuses which are very close to major routes as well as residential neighborhoods. If you are looking to set up your corporate headquarters or have plans to expand your business in the future you might well be looking for an ideal location. One of the key driving factors is the negotiable leasing term and the newer space types. Whether it be a medical facility or a research and development unit, you get spaces for either of these.

For any of the properties listed above, if you have questions relating to being prequalified or plan a way to own a property, you are just a ring away from getting the help you need as well as deserve. Boston City Properties, the household name in the real estate industry in the beautiful state of Massachusetts have simple answers to any level of complex queries you might have. The amicable staff does understand the fact that it is your biggest financial decision and all the professionals have a perfect expertise to give you the best that suits your needs.

Click Here to Search Beverly Properties