Rehoboth Investment Properties

The Bristol County town of Rehoboth is Massachusetts town that has been drawing the attention of many investors in the state. Not only is this town fairly close to ever-growing Boston, but it's also situated in such a way that it's about 11 miles from Providence, Rhode Island, as well. As a result, professionals commute to both cities on a daily basis. Property values in town are also very reasonable; not only is the median value of a home here around $394,000, but the price per square foot is also cheaper than many areas throughout the state. There are both commercial and residential investment opportunities in this town that are well worth your consideration.

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Residential and Commercial Investment Properties

When it comes to the residential market, it's important to note that this town leans heavily towards the single-family home. In fact, about 92 percent of the residences here are this type. Additionally, many of the properties here (about 18.5 percent) predate the Second World War, which means that it's fairly easy to find Victorian, Ranch-Style, and Colonial homes in town.

Despite this prevalence of single-family property, there is also a multi-family property market and many of the single-family homes are rented by their residents. This means that there is a fairly robust investment market when it comes to residential living.

As with any town with 12,000-plus residents, commercial investments in this area are also available. While Rehoboth has some office space opportunities for investment, you may have an easier time finding retail space. In fact, in certain areas of the town, an investor can make a good profit renting space to retailers.

In any situation, there is a lot of value in purchasing properties for investment in a town like this, so let's take a look at a few:

• Retirement – If you're investing in either residential or commercial real estate, you'll have fairly large holdings that have a lot of value. Not only can these holdings help you build equity and provide something to borrow against, but when it comes time to retire, you can use your properties to make yourself comfortable. When the time comes, you can opt to sell your property for a larger sum of money, or you can simply continue to rent it out to tenants, which can provide you with steady retirement monthly income.
• Special Financing Options – While any type of investment real estate can be purchased using a standard mortgage, you'll find that you'll have more than a few options for financing when you're working with some property that you're investing in. For example, if you own a multi-family property with less than four units, you can be eligible for owner-occupied financing, which will allow you to pay a smaller down payment on the property if you live on premise. Additionally, for commercial loans, there are a few options that will allow you to borrow more than five million dollars for new property investments.
• Tax Write-Offs – No one's saying that the acquisition of this type of property is easy; not only will you have to pay down payments on your new properties, but capital gains can also be very expensive. Fortunately, there are some write-offs that can reduce the cost of owning these kinds of holdings. For example, during tax time, you can typically write off things like maintenance, repairs, or even mortgage interest.
• Monthly Cash Flow – You don't have to wait for retirement to receive good cash flow from your properties. In fact, this is a great benefit from investing in rental properties in both the residential and commercial markets. Of course, you'll have to keep up with mortgages, taxes, and insurance, but in most cases, you'll be left with some optimal profits at the end of the month.

Real Estate Market Overview and Neighborhoods

There are only two primary neighborhoods in this town due to its smaller size. Both of these neighborhoods exist on the northern and southern sides of town. These include:

• Perryville (Northern)
• Town Center (Southern)

Both areas can easily take advantage of a series of routes that intersect throughout town, and as a result, commuters in both sections prosper. If you want to capitalize on commuters that commute farther, the town center has a slight advantage due to the fact that Interstate 195 goes through its southwestern tip. Property values in both neighborhoods can range from $380,000 to $422,000, which is fairly reasonable for the area.

Choosing the Right Investment Property

If you're wondering where to get started on your investments, then you should find a brokerage that can help you make the optimal purchases. Boston City Properties has years of experience in towns such as this one, and we can help you make the right investment decisions. Give us a call today at 617-247-1933.

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