Natick Investment Properties

This attractive, bustling Middlesex County town in Massachusetts has a population of over 32,000 and is located only 10 miles west of downtown Boston. Part of the MetroWest region of the state, it is one of the area's fastest-growing communities, giving rise to a range of amenities and high-quality properties. These can make this community an excellent opportunity for investment, as the bustling market here is expected to continue to grow along with rising home values.

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Today, the historic town hosts major corporate headquarters, many shopping and dining options and an active downtown with a cultural district featuring working artists, performance centers and arts displays.

There are several major neighborhoods inside this small community. Natick Center is the cultural hub of the town and the place to go for cultural events, shopping and group activities and fun. There are also a wide array of properties in the area, from traditional homes to hundreds of condominiums and multi-family properties that offer close access to the most walkable areas of the community as well as an MBTA commuter rail station.

South Natick is one of the first established parts of the town, and it even has its own separate address at the U.S. Post Office. Built on the shores of the Charles River, the community has many classic homes and fewer tract communities of the type constructed elsewhere in town. It is close to an area known as Little South, with many homes that date from the 1950s and some even older properties.

Another major community is East Natick, which is home to Jennings Pond and the Industrial Park. Featuring a range of retail businesses and schools, the area also hosts many affordable, smaller homes. This area is located south of Route 9 and near Oak Street.

One major section of the town is West Natick, bordering neighboring Framingham. This is home to a large mall and substantial retail development, making it a particularly attractive area for commercial real estate. It is also home to many post-World War II housing communities, including Sherwood, Westfield and Pelham. This neighborhood has its own MBTA commuter rail station.

Multi-Family Homes

With a wide range of neighborhoods, you can also find a range of multi-family homes available for investment in the community. Whether you're looking at one of the more modern apartment buildings or a classic duplex, triplex or quad-plex, multi-family homes in this community provide great access to transit and transportation as well as the town's own activities. Multi-family properties in the downtown area can be particularly appealing, as the walkable downtown area is highly appealing to young professionals and families looking for a classic, community-minded feel. For investors that are exploring the potential of multi-family properties here, there are many banks and mortgage lenders that look favorably on financing this type of investment. With the demand for housing here, there is a strong likelihood of significant income even as your property continues to grow in value.

Single-Family Properties

There are a number of single-family homes in this community that offer great investment opportunities. Home values here continue to rise, including for many smaller homes built in the post-World War II era. These tract homes can be excellent investments for people looking to develop the rental housing market, as their relative affordability and small size can make them strong alternatives to traditional apartments for professionals, couples and families. They offer yard space and greater independence in a compact package, presenting an appealing option for many reliable tenants.

Condominium Investments

Another great option for people exploring the potential of property investments here can be choosing a condominium or townhome. For people just stepping into the world of rental real estate, a condo can be an excellent choice. Monthly condo fees, passed on to the tenant, cover many major exterior maintenance issues. This can help an investor to budget more accurately and avoid excessive upkeep costs.

Exploring Commercial Real Estate

Of course, renting to residential tenants is not the only way to invest in real estate here. The community is home to everything from local businesses to corporate headquarters, all seeking out office, retail and warehouse space. By investing in commercial real estate, you can find tenants with long-term leases and strong reliability over the years.

The average property value in Natick is $565,000. This amount is on the rise and can represent an exceptional value, especially in comparison to neighboring towns. Property here isn't only less expensive; it's valuable, and it is expected to continue to rise in valuation in the coming years. Property values have risen dramatically and consistently in the community since 2011, with an average increase of over $200,000 during that time. In another significant metric for investors, monthly rent is also on a consistent upswing here. The average monthly price to rent here is approximately $2,676, above the average in the Boston area. If you'd like to become part of this bustling community by investing in property, contact Boston City Properties. We will introduce you to the options available in the community and work with you to maximize your income potential.

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