Holden Land for Sale
Located in Worcester County, this town offers investors 36.2 square miles of space. Much of the landscaped is covered in gorgeous rivers and hills. On the northwest, this town is bounded by Princeton. Sterling is on the east, while Worcester is on the southeast. While Paxton forms the southwestern border, Rutland is on the west of the town.
Click Here to Search
Land for Sale
Right now is a great time for investors to buy property in the area. The median home has decreased in value by $41,275 during the last year. At the same time, the average price per square foot increased from $175 to $188. This generally shows a trend toward buyers purchasing smaller properties that have a lower total price but a higher price per square foot. Currently, the median home in the area sells for $288,725.
Why Investing Is the Smart Choice
Compared to other parts of the state, this city has surprisingly affordable properties. On vacant properties, investors and prospective homeowners can build the commercial or residential building that they need. While this city is just 40 miles west of Boston, it has a rural, suburban ambiance.
With the average price per square foot starting to rise, right now is a good time for investors to find a reasonable deal on a property. Investors can use their lot to build a commercial enterprise or keep it empty for reselling. Either way, this growing area will serve as a top investment site. Unlike Greater Boston, central Massachusetts has a number of properties available for a fair price. This area has rural acreage and vacant lots for sale that can be purchased fairly easily. For investors who want an affordable property, this area is an ideal place to go. While some properties in Greater Boston cost millions of dollars, a similarly sized property may only cost a few hundred thousand dollars in this area.
No matter what investors are looking for in a property, Boston City Properties can help you find the perfect lot. Our staff members can help you search for the right listing for commercial, residential and other investment projects. To start your journey toward a new investment, contact Boston City Properties today.
Discover a Desirable Location
Located within the rolling hills and beautiful vistas of central Massachusetts, Spanning a total of 36 square miles in size, this city possesses a number of acres of watershed, open space and recreational areas. From this community, residents will find the city of Worcester just to the south. Boston is located just 40 miles to the west of the city.
Because of its location, this area has a fairly rural environment. In the more residential areas, the pretty sidewalks and tranquil ambiance give the town a suburban appeal. With its convenient location and low property prices, this community has remained a top spot for investors from across the region.
Many Types of Developments Are Available
Known as a bedroom community, this area was once a popular summer retreat for Boston residents. Today, investors can create retail shops, rental buildings and commercial enterprises within the area. Many of the more luxurious developments and complexes are around the Holden Hills Country Club, but investors can find other options as well.
Rental communities and housing developments are popular among investors in the area. With many residents drawn to the excellent school system, low crime rate and vibrant recreational options, investors can readily find renters and buyers for their development projects.
Investors can also create a business on a vacant lot. There are different lots available that can be transformed into restaurants, shops and industrial centers. Plus, savvy investors can avoid the day-to-day management of running a retail shop by building a commercial building that can be rented to business tenants.
Vacant lots are a popular investment choice because they are so easy to maintain. While developed properties may require constant maintenance and a property management team, undeveloped require minimal amounts of labor or maintenance. These parcels can be easily sold in the future after they have grown in value. Investors can also use the empty parcels to create a dream home, an apartment complex or a custom-designed business. No matter what investors are looking for, they can create the perfect development by building on a vacant parcel.
Click Here to Search
Land for Sale