Pembroke Multi-Family Homes

Pembroke is a town in Massachusetts that is spotted with lakes, so if you are looking for a location to call home where fishing is plentiful, this may be a great location to consider. Located in Plymouth County, the town is a quaint location that is only about 31 miles from Boston, which means that it is easily within commuting distance. Route 3 is located right outside of the town, and there is an MBTA commuter rail that is located on the southeastern side of town.

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Purchasing a Multi-Family Home

It's a buyer's market in this town, so if you are looking for an investment that you will be able to make a profit from, purchasing a multi-unit home in this area may be a great option. Right now, the median price of homes in the area is about $396,000. This price is about $50 less a square foot that purchasing a home in Boston, and since this community is only about 30 miles from the city, it has a huge potential for growth. In the past year, home values in the area went up by 4.6 percent, and it is expected to continue to increase by at least 3.5 percent this year.

Many of the homes with multiple units in the area have two- to three-bedroom units. Since it is a buyer's market, you are going to want to analyze the property before you make a bid to ensure that there is nothing that needs to be repaired or replaced. Decide if the property is right for you. If you plan on living in one of the units, you will need to be able to make enough rent from the other units to cover the mortgage. If your rental income covers the mortgage and repairs, you can really make the investment worthwhile.

If you are looking for a multiple unit home in the area, consider condos, apartments, or townhouses because they are more plentiful in this area of Massachusetts. You can also look for duplexes, triplexes, or quadplexes, but since they are not as plentifulin this town, finding one that is for sale may be even more difficult.

Selling a Multi-Family Home

Even though it is a buyer's market in this area of Massachusetts, there are reasons that an owner may decide that they would like to sell the property. Maybe they decided to move on or perhaps owning the property is too much for them to handle. Regardless of the reason, before the home is listed to be sold, there are a few things that you will want to do to make the property more enticing to potential buyers.

• Up your curb appeal – Imagine coming up to a house that had garbage on the lawn, a lawn full of torn up grass, and no pathway to the front door. The shutters on the home are broken, and the paint is faded so much that it looks gray instead of white. Would you still be interested in purchasing the house? Of course not, at least not without offering a lower amount so that you can make the repairs yourself. That being said, you want to ensure that the first impression of your home is the right one.
• Take care of repair needs – This could be as simple as replacing a light bulb, but even something as simple as a blown bulb can give potential buyers the wrong impression. Don't leave anything up to chance when your property is for sale. Repair everything that needs to be repaired before listing the property.

If you need help listing a home in the area, Boston City Properties can help you find a buyer who is ready to make an offer quickly.

Neighborhoods in the Area

In this Massachusetts town, you will find three neighborhoods to consider real estate options in. The neighborhoods are:

• North Pembroke – This is a neighborhood that is located in the northern part of the community. It is a quiet neighborhood that is comprised of apartment complexes and high-rises that were built mostly between 1970 and 1999.
• Town Center – Being that this is the most densely populated part of town, there are a number of townhouses in the area. There is actually a high demand for property in this neighborhood, so getting your hands on a townhouse here make a great investment opportunity.
• Mayflower Grove / Golden Ring Camp - With homes that were built many between 1940 and 1970, this neighborhood has a small town charm that many potential buyers love.

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