North Attleboro Investment Properties

This town in Bristol County is often spelled as North Attleborough. With a population of 28,712, the community is located close to the border with Rhode Island. Traces of its lengthy American history are often visible in properties and historical sites in the community. The area was part of key events in the Revolutionary War, and after the colonial period ended, industry soon developed in the area. While factories produced wood products, spun cotton, textiles, and jewelry, buttons were one of the specialty items of the town. Originally, but was part of a larger community founded in 1694, but the town split off to become its own municipality in 1887.

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While it continued along its path of industrial development through many years, the community today is home to a range of modern businesses, including an industrial park and a wide range of shops and service facilities. The town is considered one of the top 10 communities nationwide for professional sports as well as an affordable, safe town for families with children. Set on an area of 19 square miles, the town offers a range of recreational opportunities. There are parks, ponds and lakes throughout the community that provide great swimming and fishing opportunities in the summer. Rivers and streams, including the Ten Mile River and the Seven Mile River, also highlight parks and green spaces. The World War I Memorial Park offers attractive recreational options, including a skiing and sledding hill and soccer and lacrosse fields. The wide range of recreational opportunities means that this community has much to offer families and outdoor enthusiasts, helping to increase the value of property here and the desirability of residential rentals.

In addition, the community is also well-located for commuters traveling to Boston or Providence. Both Interstates 295 and 95 run through the town with direct exits, and U.S. Route 1 goes through the community's downtown and retail center. Route 120, Route 152 and Route 1A also offer easy access to various areas of the state. For people who use public transportation, they can ride the commuter rail from one of three nearby stations, and bus service helps to provide transit between more closely located areas. These transit and highway connections can help to make commercial and residential properties more appealing to professionals, commuters and businesses.

Multi-Family Homes

There are a number of multi-family properties that can be particularly appealing to investors here. From duplexes, triplexes and twin homes to smaller apartment buildings, these residences are home to several apartments. Depending on the size of the building, the apartments can include studios, one-bedroom units and larger two- and three-bedroom choices. Because this community offers great transit connections, apartments here can be desirable for commuters as well as those with longtime connections to the city. This means that investing in a multi-family building here can bring significant rewards for people looking for income properties. In addition, financing options can be plentiful, as banks and other lenders often look favorably at investments in residential rental real estate in a desirable market.

Single-Family Properties

There are single-family homes of all ages and styles available for investors here. Whether you simply want to renovate a classic property or rent out the home to tenants, these homes offer spacious environments and often classic interior design. Renovations can help to create grand living areas, and many homes already enjoy modernized large kitchens.

Condominium Investments

There are also a number of more newly constructed condos and townhouses in this community. These can be great options, especially for people just beginning to enter the field of income property. Because these condo buildings often provide desirable amenities, they can be particularly appealing to potential reliable tenants. With gyms, parking garages, community spaces and more, a condo complex can provide a great lifestyle.

Exploring Commercial Real Estate

As the community has changed from an industrial one to one that reflects today's industries, commercial real estate here continues to offer strong investment opportunities. Dining and retail venues, especially near the highways, can be attractive to large chains as well as local businesses. In addition, the long-term leases that come with commercial real estate can help owners to save time and money.

This community is home to a number of attractively priced properties that present a strong upside for the future. The average home valuation in the town is $354,200, and home valuations have been on a continuous and significant rise since 2012. With those increases projected to grow in the future, this town can be an excellent location for investors looking for long-term, substantial growth. The town also offers a strong rental market that has seen significant price increases since 2014. The average monthly rental cost here is $1,846, above other communities in the Providence metro area that the town is part of. This means that an investment property here could provide significant income as it appreciates in value over time. If you would like to learn more about the investment opportunities in North Attleboro, please reach out to Boston City Properties. We will provide you with detailed information about potential properties of choice and how you can reap the rewards of investment.

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