Littleton Multi-Family Homes
Littleton, Massachusetts, which is a small town in Middlesex County, has a population of roughly 9,000. The small town feel that you get in this area is perfect for raising a family because there are plenty of parks and places to explore in the area. There is a commuter rail that connects to Boston's North Station, and I-495 is easily accessible. In fact, it will only take about 43 minutes to travel to Boston, which makes this town easily within commuting distance.
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Purchasing a Multi-Family Home
Homes that accommodate more than one family are a great option in this area because there are quite a few possibilities available, and the median price of one of these units in the area is slightly less than you would expect to pay for a single family home. In fact, a duplex has a median of about $559,000 in the area, while a townhouse is about $473,000. There are triplex and quadplex options available as well.
Purchasing this type of home means that the neighbors will be close by, but it is often preferred because it creates a close-knit community that is great for raising kids. It is also a great option for anyone who wants a home where their family can live close by. For example, a duplex can be sold as separate units, or it can be sold to a single owner so that the second unit can be used for family or friends. When an individual purchases a home with multiple units, they can even rent out units, which will help pay the mortgage and give the owner a steady source of income.
One of the benefits of houses that accommodate more than one family is that residents will have their own parking spot. This means that even if the owner rents out three of the units in a quadplex, they will always come home to a place to park their vehicle. In addition, individuals who purchase one unit within the building will often have the outside of the property maintained by a caretaker or a management company. This means that snow removal will be taken care of and the lawn will be maintained.
Looking for a home that accommodates more than one family, then Boston City Properties can help. Contact us today for assistance and representation through the process of purchasing a new home.
Selling a Multi-Family Home
With the suburbs of Boston becoming a more popular place to call home, it is also a great time to sell a multi-residential housing unit. Before selling the property, it is important to make sure that the home is updated so that a profit is made when it is sold. Some of the features that are often looked for by those ready to make a purchase should be in the home that you own, and if it is not, it may be time to renovate. Typically, homes should have hardwood floors, at least in the main living space of the home. Stainless steel appliances, spacious bedrooms, walk-in closets, and updated bathrooms are also often on a buyer's wish list.
One of the best ways to sell one of these types of homes is to market it to potential buyers. If it has a separate entrance, a balcony, or something that makes it stand out from the other properties in the town, make sure that it is mentioned. Also, when you list the property, make sure that pictures are included that highlight the positives of the home. If there are tenants living in on the property, selling is still a possibility, and in most cases, the tenants will not have to be relocated.
If you have a multi-unit home that you wish to sell, the process can be quite grueling. However, Boston City Properties can help get the property on the market and start bringing in offers for the property in no time at all. Expect potential buyers to try to negotiate the asking price, but with us on your side, you will get as close to your asking price as possible.
Neighborhoods in the Area
In Littleton, there are five main neighborhoods, each of which is a relatively safe place with good schools, which makes them great options for raising a family. The neighborhoods are:
- Bumblee Park - This is an area of the town that is full of wildlife and scenic places to explore. Since there is a large hill in this neighborhood, it is often a great community sledding spot in the winter.
- Forge Pond – This area has its share of properties, but the main draw to this neighborhood is the fishing. There is even a beach on the lake for families to enjoy.
- Fort Pond Association - This is another lakefront area of the town that has quite a few housing options available.
- Hartwell Ave - This is an area with quite a few three- to four-bedroom homes, which means that it is a great option for a larger family.
- Town Center - Even though this is the center of town, it is a safe area that has plenty of places to walk and enjoy nature without going too far from the properties that can be found here.
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