Chelsea Investment Properties

This town in Suffolk County, Massachusetts has a population of a little over 36,000 welcoming residents and sits right across the beautiful Mystic River. It is not only the smallest city in the Bay State in terms of its area but also one of the most densely populated towns in the state. It is less than 5 miles away from Boston and you could well be in close proximities to ivy league universities and high paying technology jobs if you decide to live here. There are 8 elementary schools, 5 middle schools and 1 high school in the region providing top-notch technical education to students in different areas.

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Let us look at some of the numbers in this part of the Bay State in the last 30 days as well as in the past one year. When we consider the former scenario, there is only 0.1% increase in the asking price of homes and a decrease of 13.3% in the number of homes available for sale. And if we talk about the latter scenario, there is only a single offer per home and even with a down payment of 5%, you could well be a homeowner in the region. The median list price is $410k and the median sale price is $358k. The median list price per square feet is $271 while the median sale price per square feet is $258. There have been around 14 homes sold in the past 30 days with an average sale per list of 98.5%.

The biggest advantage of investing in a single family home in this town is it's few minutes’ drives to the Boston area. Most of the homes here have the washer and dryer units adjacent to the master bedroom area, that way you do not have to carry the laundry for long. Many of the upper floors in multi-floor single-family homes have direct ocean views and with a balcony on the second floor, you get unparalleled views as well as the gentle breeze. Even if you have a large number of guests coming over, there is ample of street parking to accommodate a large number of cars and large backyard well suited for a perfect barbecue party.

Multi-family homes seem to be a popular choice and there are quite a bit of property that you could find that are fenced. Any home could accommodate at least two families graciously with the highest level of privacy. A great perk is its close proximity to Boston area; Downtown Boston is just under 20 minutes of drive and that in itself could speak about the possibility of price appreciation in the future. If you are into watersports, then you could easily find yacht clubs in the vicinity of residential neighborhoods. A word of caution is to be wary about permits as some of the listings would mention that the buyer would be responsible for obtaining those.

You will find a lot of condos in the area that has gone through insulation sprays for higher levels of energy efficiency. Some of the newer ones have HVAC system for air conditioning as well as heating systems. With ceramic tiles in the kitchen along with gas heating and cooking options, there is much the property than just being classified as a condo. You could also find some penthouse looking condos that would overlook the city’s skyline directly from your property. Be wise and probe accordingly with the seller as there is a possibility that some of the upscale condos might have separate fees for parking. With all of this, it could not be a better opportunity to gain an advantage of the booming rental market in the region.

Corporate office parks are very common in the area as it is closer to the Boston area. Most of the properties have good transit as well as walk scores. With excellent parking ratios and negotiable lease terms, there are multiple reasons to consider this part of the state as your company’s corporate headquarters. Some of the spaces are artistically designed on scenic campuses spread over acres. Excellent infrastructure from within and dedicated reception spaces in all the units make the commercial spaces quite special. You are also likely to see signalized intersection as one of the common amenities in the surrounding of the building.

The home buying process is not something that could be completed in a day or two and there are multiple factors to be considered at all the stages. Whether you wish to purchase an inventory home or build a brand new property from scratch, there are always multiple parameters that are involved. Hence, if you want all of this to be taken care of at one single destination, you could easily bank on Boston City Properties, the household name in the real estate space. With years of unblemished reputation and service, the staff is equipped with everything you could possibly think of to assist and guide you all the way.

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