Sudbury Investment Properties
If you are looking for a town to invest in that is located in the Boston suburbs, then Sudbury is worth considering. It is merely 20 miles from the city, and Worcester is just 26 miles from this town as well, which makes it an ideal location to invest in. Property values in this area are a bit higher than the surrounding Boston Metro area, but the real estate values are continuing to increase about three to four percent each year, which is quite a big profit margin for an investor to consider.
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Residential and Commercial Investment Properties
When you are investing in property in the area, there are more than a few options that are available to you. Both commercial and residential opportunities are plentiful in this area, but if you are looking to invest, you may wish to consider some of these options:
- Single-Family Homes – This is often a great investment opportunity because it tends to appreciate quickly. You will only be responsible for one unit, which can make maintenance needs easier, and you will get a rental income each month to help pay for the mortgage. This type of home can be found throughout this area, but especially when you venture away from the center of town.
- Apartments and Condos – This is a multi-unit home that is designed to have a number of units on each floor. When you own this type of property, you can make quite a bit of rental income, which makes it a great investment opportunity for a novice. With an investment that has several units to manage, hiring a management company can reduce the amount of work that you need to do personally to profit from the investment.
- Duplexes, Triplexes, Quadplexes, and Townhouses – These types of properties also have a few units that you can rent out. Townhouses are buildings that are connected at the walls, while the other three options are all buildings where each floor represents a unit. At most, these options will have four units that you can rent.
- Retail and Office Space – If you are looking to invest in commercial real estate, retail space is going to be a great option in this area, but you can also consider office space if you are investing in an area with a lot of startups.
Real Estate Market Overview and Neighborhoods
This area of Massachusetts is one of the most expensive in the state, so you can expect the purchasing prices to be on the high side, but this also means that rental rates are up in this area as well, which will provide investors with more rental income to cover the mortgage and pay for any maintenance needs to be managed. There are three neighborhoods in this community to consider for your investment, which are:
- Town Center – This is a very wealthy part of town so it is in demand. However, if you can find a townhouse or a single-family home in the area to invest in, the profits from appreciation alone will be notable.
- Boston Post Road – This portion of the town has a lot of high-rise apartments, which opens up an investment opportunity to anyone looking, especially since this area is in high demand. There are also quite a few commercial opportunities to consider in this area as well.
- Pine Lake – This is a neighborhood that is expensive to invest in, but the crime rate is low, and the real estate values continue to rise, which makes a great opportunity for anyone looking for a residential or a commercial investment.
Choosing the Right Investment Property
If you are looking for an investment opportunity in this area of the state, there are quite a few options for you to consider. Both residential and commercial opportunities can be found in this area if you know which neighborhoods to consider, finding the right investment for your investment needs is not always as easy as it may seem. Boston City Properties knows the area well and the options that are going to be the most profitable for an investor to consider in the area. Call us today at 617-247-1933 for a listing of available investments in the area.
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