Littleton Land for Sale
Located within Middlesex County, this small community offers a calm, relaxed environment for residents and investors alike. Within this town, investors will find a variety of different housing options. Larger Capes and ranch houses often date back to the 1950s and 1970s. Many of the older developments were torn down in the 1940s and 1950s to make room for Capes and bungalows. More recently, Colonials and split-levels were constructed in the 1960s and 1970s.
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Land for Sale
In more recent years, the old farms and livery stables have been removed to make way for new developments. This growing community has been the site of Colonial developments around Great Road, Beaver Brook Road and Fort Pond Hill. Investors can build new residences in the community that fit in with the current architecture or design completely modern homes.
There are also investment options available for businesses and manufacturing groups. The community is currently the site of IBM's New England headquarters. While the economy and residential base are growing, investors can still find properties available for a good price. The median sales price for a home in this zip code is currently $463,500. Over the last year, the median price has dropped by $17,500. Meanwhile, the average price per square foot increased from $233 to $277. The lower price mostly reflects a tendency for people to buy smaller homes and smaller lots. The actual price per square foot is growing, which makes right now a good time to invest in the marketplace.
Why Investing Is the Smart Choice
As more residents buy up the available homes, investors have an opportunity to develop new residential properties. Residential developments have a growing demand in this area. Right now, the property prices are still relatively low compared to Boston and the Greater Boston area. As more buyers move to the area, this situation will most likely change. Because of this, right now is a good time for investors to purchase a property before the prices increase.
With so many properties available, finding the right one is not always easy. Investors have to find a vacant lot for the right price. They also have to make sure that it is zoned for the type of business or residence that they want. If you want to find the right lot in this area, Boston City Properties can help. Our team of professionals can help you decide on the perfect property within this thriving community.
Discover a Desirable Location
This community spans 17.5 square miles in size. It is bordered by the towns of Harvard, Acton, Groton, Ayer, Westford and Boxborough. Boston is just 36.2 miles away from the community. Within the towns borders, residents will find Route 2A, Route 119, Interstate 495, Route 110 and Route 2.
Because of its proximity to Boston, this area has a number of apartments and residential homes for commuters. The tranquil environment also draws in residents who want a suburban lifestyle. Investors in the area can create businesses, rental properties and housing developments that serve the consumer base in the area.
Many Types of Developments Are Available
Within this community, investors have a number of options available. Unlike many cities in and around Boston, there are still some vacant lots available. The most basic investing strategy is holding the lot while it rises in value. During this time, investors only have to pay for minimal maintenance costs and upkeep. Once the lot is worth more, investors can sell it at a profit.
For a more active investing strategy, investors can build a commercial or residential property. Commercial businesses like shops and restaurants can be created on the vacant land. In addition, investors can also create a business development that rents to local businesses. With all of these options, investors always have the choice of selling the property later on to recoup their investment costs.
Because of the presence of IBM and the city's proximity to Boston, there are a number of prospective tenants in the area. Investors can build apartment complexes to serve this consumer base. They can construct a basic apartment complex or build luxury townhouses. As long as the property is zoned for residential construction, investors can create their dream property and rent to tenants in the area.
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Land for Sale