East Bridgewater Multi-Family Homes

East Bridgewater, located 27 miles southeast of Boston in Plymouth County, is an idyllic community with ponds, woods, and rivers. It is a family-oriented, residential community with good schools. While the city itself is walkable, most residents commute to work. Here are the three most expensive and popular neighborhoods in the city with the highest appreciation rates.

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• Town Center
• Elmwood and Elmwood Station
• Northville and Eastville

Of the 5,012 housing units in the city, 80.4-percent are owner-occupied and have a median home value of $348,571. The appreciation rate for homes in the city has risen 57.43-percent since 2000 averaging 2.55-percent per year. The largest number of homes were built in the late twentieth century with 20.8-percent built before 1939, 27.9-percent built between 1940 and 1969, 37.3-percent built between 1970 and 1999, and 14.0-percent built since 2000. The housing units are 80.4-percent single family housing, 4.2-percent townhomes, 8.3-percent small apartment buildings, 6.8-percent apartment complexes and 0.4 mobile homes. The median rent is $1,569 per month with most rentals being studio and one- or two-bedroom units, and vacancies are lower than most communities nationwide.

The population in the city is 14,452 with a mixture of blue- and white-collar workers. The city has more residents employed in the fields of computers and mathematics than 95-percent of the communities nationwide. The average daily commute to work is 32.13 minutes. The MBTA commuter rail system does pass through the city, but residents must travel west to Bridgewater or Brockton to board the train. Residents can also travel east to Hanson and Halifax to board a different MBTA rail line. The city is close to the national average with 26.03-percent of the adults having a bachelor's degree or higher. The per capita income from the 2010 census was $35,986, and the median household income was $82,823.

With only about 20.0-percent of the housing units available in this city being rental, having a knowledgeable and experienced real estate agent to help you with your search assures you of greater success in acquiring investment property. An agent can help you locate and do a market analysis on any property as soon as it is offered for sale. With an agent, you will be among the first to know when a property is placed on the market. Your agent will then be able to compare the property with other investment properties available in the area, providing you with the choices that give you the best return on your investment and the best occupancy rate. They can advise you on current market trends, zoning restrictions, and potential development. They can help you make an offer that puts you ahead of other potential buyers, and then, assist you in any negotiations with the buyer. The goal of a buyer real estate agent would be to help you acquire the property at the best price, so they would try to avoid a bidding war. In a tight market like this one, a buyer's real estate agent helps to make the purchasing process more successful.

When selling real estate in this city with so few multi-family housing units available, a knowledgeable and experienced real estate agent can explore market trends to see if it is a good time for you to sell your property. They can help develop a market plan to sell your property quickly at a good price. A real estate agent can help you qualify offers and potential buyers. The highest bidder may not be the best choice if they have to sell other property before they can close. If they delay or default on the closing, they delay your desire to sell the property quickly, and you may have lost other potential buyers while waiting on them. If you are ready to reduce the number of investment properties you own, a seller's real estate agent can help make the sale proceed more quickly, smoothly, and successfully.

If you are interested in buying or selling investment property in this small market, contact us to buy or list a multi-family property in East Bridgewater.

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