Lakeville Multi-Family Homes
Lakeville, located in Plymouth County, is 40 miles south of Boston.
Neighborhoods
- The Precinct and Canedys Corner neighborhoods, with a median real estate price of $440,914, are among the 41.9-percent highest-priced neighborhoods in the state and 17.7-percent highest-priced neighborhoods in the country. The majority of the housing units are three or more bedroom, single-family homes and townhomes. Most housing units are owner-occupied and were built between 1970 and the present. There is a vacancy rate of 4.8-percent. The average commute time is between 15 and 30 minutes.
- The Town Center neighborhood, with a median real estate price of $400,027, is among the 51.1-percent highest-priced neighborhoods in the state and 20.8-percent highest-priced neighborhoods in the country. The average rental price, at $1,715, is higher-priced than 46.6-percent of neighborhoods statewide. The majority of the housing units are three- to four-bedroom, single-family homes and studio to two-bedroom townhomes. Most housing units are owner-occupied and were built between 1940 and 1999. There is a high vacancy rate of 22.3-percent. The average commute time is between 15 and 30 minutes.
- The North Side neighborhood, with a median real estate price of $376,255, is among the 55.9-percent highest-priced neighborhoods in the state and 22.9-percent highest-priced neighborhoods in the country. The average rental price, at $1,813, is higher-priced than 46.9-percent of neighborhoods statewide. The majority of the housing units are three- to four-bedroom, single-family homes and studio to two-bedroom apartment complexes and high-rise apartments. Most housing units are owner-occupied and were built between 1970 and the present. There is a vacancy rate of 6.6-percent. The average commute time is 15 to 30 minutes.
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This is a small town with 11,380 residents who work in a mixture of white-collar and blue-collar jobs with the fields of computers and math employing more residents than 95-percent of the cities across the country. With 34.4-percent of the adults having a bachelor's degree or better, the per capita income, according to the 2010 census, was $40,031, and $93,691 was the median household income. The average commute for residents is 32 minutes. Residents can use the MBTA commuter rail system.
Of the 3,851 housing units, 85.8-percent are owner-occupied with a median home value of $400,027 and a vacancy rate of 10.6-percent. Since 2000, real estate values have appreciated 55.83-percent for an annual average of 2.50-percent. While 87.1-percent of the housing units are single-family homes, the housing units also include 3.1-percent townhomes, 3.1-percent small apartment buildings, 5.2-percent apartment complexes, and 1.5-percent mobile homes. At 40.6-percent, most of the housing units were built between 1970 and 1999 with 14.8-precent built before 1939, 24.4-percent built between 1940 and 1969, and 20.3-percent built since 2000. The average rent is $1,813.
This city has limited multi-family housing and a high occupancy rate issue, especially in some areas. Our agents know the area and can guide you to properties in this city that will provide a good occupancy rate and a good return on your investment. Our large database will provide you with a list of properties on the market. Our agents can advise you of market trends, potential development, and zoning restrictions in the area. They can help you set your bid for the property you chose and guide you during negotiations with the seller. Hiring one of our agents protects your investment.
In this market with an occupancy rate issue, our agents can help you create a marketing plan and set a price that reflects the market with room to negotiate. Our large database will provide access to more potential buyers. When you receive offers, our agent will be able to investigate the ability of potential buyers to close quickly. They can help you avoid buyers who need to sell property before they can close. If their other property does not sell, they may default on the closing and cost you another potential buyer who may have bought other property. So let one of our agents help you sell your property quickly at a good price.
For help in this market, contact us to buy or list a multi-family property in Lakeville.
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