Marshfield Multi-Family Homes
Marshfield is a town in southern Massachusetts that is located off of the Cape Cod Bay. It is a town that is full of beaches, forests, and rivers, which makes it a great place to raise a family or to settle in after retirement. This town is approximately 30 miles from Boston, which makes it close enough to go to the city for a day, but far enough away to enjoy suburban living at it's finest. There is even public transportation available in the town, which will provide access to nearby towns.
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Purchasing a Multi-Family Home
Purchasing a home in the area that is able to accommodate more than one family can be a great opportunity. Investing in these properties, which average about $400,000, will only provide an increase in the investment as the years pass. Since this is a town with a lot of waterfront property, the homes in the area are in demand. This means that finding a home that you want could be difficult. Fortunately, homes with multiple units tend to be more available in the area than single-family homes.
Why is this? Well, there is more than one type of home that can fall into this category. Multi-unit homes include:
- Townhouses – These are side-by-side units that are connected at the wall. Residents who live in this type of home only share outside amenities with their neighbors.
- Duplexes – This is a home where each floor is a separate unit. There can also be triplexes and quadplexes, which are buildings with three or four floors.
- Apartments and Condos – These are buildings that typically have more than one unit on each floor of the building. Living in one of these options, residents often have access to community amenities like a pool, a fitness room, and more.
Townhouses and condos are more popular homes in this town, but if a duplex or an apartment is preferred, there are options available. If you are still having difficulties finding a home that you want to purchase, contact Boston City Properties so that we can help you search.
Selling a Multi-Family Home
For anyone who already owns property in this area, you know how difficult it can be to find a great real estate listing in the area. Everyone loves waterfront property, which is why the median for homes in the area is so high when compared to some other areas of Massachusetts. That being said, the cards are in your hands, so if you are ready to sell a multi-unit home in the area, there are a few things that you will want to do.
First, make sure that you check into the other properties that are for sale in the area. This allows you the opportunity to size up the competition and make sure that you are offering something better than they are. Be aware, this could mean doing some renovations on the property to ensure that you can get a higher offer. In the end, doing these renovations will increase the value of the property and provide more of a profit on your investment. If renovations are not tackled, potential buyers have a reason to make an offer that is lower than the asking price. If you need help making a listing or negotiating a price, call Boston City Properties today.
Neighborhoods in the Area
There are five unique neighborhoods that can be found in this town, which are:
- Standish – This is the westernmost part of the town, and homes here are mostly built between 1970 and 1999.
- Marshfield Hills – This is the most central area of the town, and it consists of mostly townhouses and single-family homes.
- Town Center – This is an area that is right on the ocean. The housing options in this area are limited because there is only a two percent vacancy rate in this neighborhood.
- Brant Rock – This is a coastal neighborhood in the southeastern part of town. Many of the homes in this area were built between 1940 and 1969.
- Green Harbor – This is an area in the town that has a lot of high-rise apartments.
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