Real Estate Ph: (617) 247-1933 806 Tremont Street, Boston MA 02118

Lowell Investment Properties

As the fourth largest city in Massachusetts, Lowell has a lot going for it. The town has a population of over 110,000 people, and with areas that feel both suburban and urban, this might just be one of the most welcoming cities in the state. In addition to having its own urban experience, the city is also part of the Boston Metro area, and as such, it's only about 30 miles away from Boston itself. As a result, this area is growing with the bigger city, and the real estate market grows right alongside it; in fact, in the past year alone, home values in the area have increased by 7.5 percent.

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With steady growth like this, it's clear that investment possibilities in the area are worth looking into. This is a city with a healthy mix of apartments, single-family homes, condos, and various commercial property types.

Residential and Commercial Investment Properties

Making a smart investment is crucial, and this particular city has a wide array of potential properties that you can invest in, but it's always a good idea to do some research first. If you're looking to make a steady cash flow and take advantage of natural market appreciation, then you can invest in a rental property like an apartment building, high rise, duplex, or commercial rental property. In fact, you can even purchase single-family homes and rent them out for a profit.

That being said, purchasing property for sale is also a smart move; with many of the single-family homes here, you can purchase, renovate, and then sell the property at an appreciated price. This is a much more short-term means of making money on your investment, which can be advantageous.

Real Estate Market Overview and Neighborhoods

Lowell has various neighborhoods throughout the city, but the 10 most popular are:

When looking at the city as a whole, this is a market that's steadily warming up. Currently, the median home value here is around $273,000, which is certainly cheaper than many towns in the Boston Metro. In fact, on a price per square foot basis, this town is cheaper than the Boston Metro averages by about $84.

Choosing the Right Investment Property

We understand that there's a lot to learn about property investment in this city, but with a brokerage in your corner like Boston City Properties, the process can be made significantly easier. We understand the markets throughout Massachusetts, and we have thousands of satisfied clients that illustrate how reliable we are. Give us a call at 617-247-1933 so that we can help you make a smarter property investment.

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