Middleton Investment Properties

The small town of Middleton in Essex County offers excellent homes and quality properties in a lovely location that belie its history as a vacation retreat for people in the nearby cities. With a population of approximately 9,000, the town is pointed in a growth direction as it becomes an attractive site for individuals, couples and families looking to make their home. As the town was incorporated in 1728, it is home to many classic colonial-style homes and historic buildings as well as more modern construction and large green areas.

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The 14.5-square mile town has a range of enticing green areas for residents who enjoy outdoor activities and recreation. Portions of the Harold Parker State Forest and the Bedford State Forest are located within town lines, while the Ipswich River flows directly through the community. The area and its green spaces are full of brooks and ponds, including two large ponds, Middleton Pond and Andover Meadow Pond. These reservations, green spaces and parks offer a range of hiking, biking, fishing and other outdoor options that can be great fun for adult enthusiasts as well as for families that want to provide their children with exposure to the natural world.

Not only does the community offer great connections to the outdoors, it also has access to convenient transportation that makes it a viable choice for commuters who travel to work on a daily basis. Two parts of Interstate 95 pass through the town, while Route 114 passes through the center of the community along with Route 62. While there is no railway station inside the town lines, the area is very convenient to two MBTA commuter rail lines that head to Boston's South Station, the Haverhill/Reading Line and the Newburyport/Rockport Line.

Multi-family properties

For people looking to invest in residential rental real estate, multi-family properties in this community can be an excellent option. You can find apartment buildings and mixed-use commercial/residential options as well as more classic twin homes, duplexes, triplexes and quad-plexes. These types of properties can be appealing to individuals, couples and families. You can also find a range of options throughout the community when it comes to the age and style of the building. Investing in a historic property is one option, as is choosing newer construction which may have lower upkeep and maintenance fees.

There has been significant, ongoing growth in the community which is expected to continue. That can make a residential real estate investment here an appealing opportunity for banks and mortgage lenders. As there is strong demand for apartments in the community, income here is reliable and can be expected to rise over the years. There are also government-backed loans to investigate for investors in residential rental properties.

Single-family options

In addition, this community is home to a range of single-family home options that can also work well as investment opportunities. With the growth in the community, many people are looking to rent an entire home rather than an apartment. This is especially true for families with children who want backyard access, basements and other options. It can also be a strong option for professionals who want to develop a home office in the community. By investing in a single-family home here, you can have access to a population of tenants looking for quality, long-term homes.

Condominium Investments

Condominiums here can also be a strong investment for property owners who want to provide value and appeal to reliable tenants. Condos and townhouses often provide community amenities like gyms, community rooms, outdoor gardens and common spaces. These amenities can be particularly desirable to professionals looking to call this community home, but not yet looking to purchase themselves. In addition, as condo external maintenance costs are generally covered in the monthly fees paid, it can be easier for investors to budget for their overhead and upkeep costs.

Commercial Real Estate Options

The center of town and historic district offer a range of options for people who want to invest in commercial real estate here. These areas can be great spaces for shopping, dining and other businesses with a strong walk-in component. In addition, there are larger commercial spaces in the community that can be great for bigger businesses looking to establish headquarters or other larger operations. Commercial real estate often includes longer leases and reliable business tenants who may share more responsibilities for upkeep.

The average price of a home in this community is $558,200, part of an ongoing, rising trend that has been happening here for at least six years. That trend is expected to continue on a steady, strong rise as the town continues to grow and develop. Rental prices here are well above the Boston metro average, with an average monthly income per apartment of $2,611. If you are interested in taking advantage of the investment opportunities available here, contact Boston City Properties to learn more about the options available and how they can best work to boost your income.

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