Mattapoisett Investment Properties

Mattapoisett, which is a small town of a little more than 6,000 people, is located in Plymouth County, Massachusetts. This is a nautical community that has four beaches and two lakes, which means that it is a great vacation area to invest in. Boston is about 60 miles from the town, but Providence, Rhode Island is only about 38 miles from the town, which means that this will be a great getaway town for residents of both cities to enjoy.

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Residential and Commercial Investment Properties

Since this is a town that is often occupied on a seasonal basis, you are going to need to consider all of the investment options that are available to you so that you can profit from your investment. Commercial opportunities can be quite profitable if you can rent out the property for a few years. Even if they decide to close the retail location during the offseason, they will still make more than enough profit to pay you the rent year round. Office spaces may not be favored in this area, but retail space is definitely a promising investment to consider.

When it comes to residential opportunities, there are quite a few options to consider here as well, which include both single-family and multi-family homes. Single-family homes are going to be the cheapest option to invest in, but they provide the most space, which means that you can charge more for a weekly vacation rental. There are also several multi-unit homes in the area that are worth considering; some of the multi-family home options in the area include:

• Townhouses – This is a row of homes that is split into units. Most of them are two-story units that share a wall with the townhouse that is next to it. This is a spacious option that will work well as vacation units in the area.
• Apartments and Condos – There are options for smaller families that are looking to vacation in the area. They are also great rental properties for individuals who are looking for a permanent residence in the area.
• Duplexes – This is a home where each floor of the home is a separate unit. As long as the units have their own entrance, this is a great vacation property to invest in. It even gives you the option of occupying one of the units if you'd like.

Real Estate Market Overview and Neighborhoods

Since this is such a small area, there is only one neighborhood to consider when you are looking to invest. The median real estate value for the area is about 418,000, which is a bit less than the Boston Metro area. In the past year, the value of property in the area has grown about 3.2 percent, and it is expected to continue to rise at least another three percent this year.

This is a very family-friendly place to live, which means that it is also a great quiet option for families looking for a permanent rental property in the area. It also provides a lot of waterfront activates for seasonal occupants to enjoy. The majority of the homes in the area are single-family homes that are great for large families to enjoy during their vacation, but there are also multi-unit properties available that will give you more of an opportunity to receive rental income for more than one property.

Choosing the Right Investment Property

When you are considering investing in real estate, it is important that you get an idea of the investment opportunities that are available in the neighborhood that you are considering. Finding property that will work for your money can be difficult, especially since some investment opportunities may not be the best option for your growing portfolio. That being said, it is important to go into each investment with your eyes open, which means that you have some knowledge about the area.

To get an idea of the type of properties that are available consult with a professional in the real estate market. At Boston City Properties, we know the area and have years of experience helping our clients find the right properties. Our staff of professional real estate brokers have thousands of contacts, so call us today at 617-247-1933 for help finding an investment in the area.

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