Maynard Investment Properties

The suburban town of Maynard is nestled in Middlesex County and only 22 miles north of Boston, providing excellent connections to the city for school and work commuters. With a population of slightly over 10,000, the community offers a classic small-town feel and close connections to an array of Bay State areas. Resting on the Assabet River, the town is home to exceptional green space and outdoor areas, as a good portion of the Assabet River National Wildlife Refuge is found there. A historic mill town, the community today features an array of residential and commercial options suitable for investment.

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A rail station on the MBTA is located only one mile from the town border, providing a 30-minute commute to Cambridge and a 45-minute commute to Boston. For drivers, the community is also well-located, as I-95, Route 2 and I-495. Bicycle commuters can also enjoy a great deal in this community, as the Assabet River Rail Trail is scheduled for completion in 2018 to run from the South Acton train station to the town center and the National Wildlife Refuge, offering a great run for outdoors enthusiasts and practical cyclists alike. All of these connections can be appealing for a range of commercial and residential tenants for your investment properties in the community.

The great transit and roadway connections as well as the close, community-minded small-town feel can make this town appealing to many residents and businesses, making it an appealing location to invest in rental properties. There is a healthy market for home rentals for families, adults and students as well as for commercial real estate from restaurants, small businesses and freelancers. If you're considering investing in property for sale, lease or rent, call Boston City Properties to connect with area experts who can help you achieve your property goals.

Multi-Family Homes

This town is a great place to enjoy classic, colonial-style architecture, and this extends to the multi-family properties available. You can find duplexes, twin homes and other larger buildings that are subdivided into apartments. Many multi-family homes offer apartments with backyard and garage access, making them appealing to young families and other long-term, reliable tenants. Among the properties available in town include triplex and quad-plex multi-family homes, as well as multi-family properties with commercial properties on the ground floor.

These properties can be excellent investment options, as banks may be eager to mortgage a multi-family property that is a solid investment for rental income. There are also government-backed loans available to investors who purchase multi-family properties for rental housing.

Single-family Homes

Single-family homes in the community are also an exceptional choice, often featuring large, formal living rooms and classic dining rooms with Colonial architecture. There are a number of homes available with three and four bedrooms. These properties can also be excellent choices for investors, as they can be rented to established families and other desirable tenants. They can also be excellent choices for rental to students or other groups of adults looking for a share house environment. The wide variety of single-family homes include classic multi-story options, single-story residences and newer construction choices.

Condominiums

Condominiums are another option available in the town. Part of an overall property complex that manages a variety of outdoor needs and amenities in exchange for monthly fees, condominiums can also be excellent investment opportunities. There are several condo complexes and townhouse communities that offer prime properties, often with newer construction, a good number of bedrooms and easy access to transit and transportation.

Commercial Properties - Office space and Retail Space

Maynard's busy, small-town downtown offers a range of commercial property options. These properties are suitable for offices, medical practices, banks and insurance businesses, restaurants and retail stores. There are classic downtown commercial properties as well as multi-story business buildings with easy access to transit and major highways. With the popularity of property in the town, it is also an appealing space for businesses to call home, providing jobs in the community as well as shopping, dining and entertainment options for town residents.

The town offers a bustling real estate market, with a 15 percent increase in home sale prices over the past year. The median sale price of all properties in the community is $375,000. And the increase in the last year follows a consistent, growing and upward trend in property values in the town. The number of rentals has grown, and median rent has remained consistent or on the rise at over $2,000 monthly per apartment. Home values are expected to continue to rise in the coming years. You can be part of this growing, exciting market; call Boston City Properties to work with us to plan your investment future in this appealing, historic community.

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