Swansea Investment Properties

The best suburbs for investment almost invariably have some metropolitan environments in close proximity, and Swansea is no exception to this rule. Where this Bristol County suburb stands out is in the fact that it actually is in commuting distance from both Boston, which is 45 miles away, and Providence, which is only 12 miles from town. As a result, the town benefits greatly from being so close to these major cities, and as a result of this and its relatively large population of 16,482, this is definitely a strong place to invest in both residential and commercial property markets.

Click Here to Search Investment Properties

Residential and Commercial Investment Properties

If you're going to invest in an area like this, you'll have the option of selecting either a residential or commercial property. Each of these two property classifications has more than a few different property types to select from, which can include:

Residential

It's important to note that the majority of properties in the Swansea area are designed with a single family in mind; in fact, over 91 percent of the homes are designed with these accommodations in mind. With that said, there are apartment complexes and buildings in town as well as some condo and townhome options. In any situation, here are a few residential options:

• Single-Family – This is the traditional style of home that has become the American dream. The majority of these in town are two-bedroom or above, and in many cases, these homes are owner-occupied.
• Apartments – In this town, apartment buildings and complexes account for about eight percent of the property market. These are great for appreciation and are also some of the most inflation-resistant properties that you can invest in.
• Condos – When you're investing in condos, each unit is owned by the tenant, but you will own the outside of the building as well as the hallways. Owners can also opt to rent the units out as well.
• Townhomes – In many cases, townhomes are converted single-family homes that have multiple tenant-owned units. Typically, tenants that live in these will share a wall with another tenant owner.
• Duplexes – Duplexes, triplexes, and quadplexes are also converted single-family dwellings in many cases. The difference between these and townhomes is that each tenant, which can also be an owner, lives on his or her own floor.

Commercial

Commercial properties have a tendency to be the ones that will appreciate the fastest. If you're looking for a commercial property investment in this town, you'll be able to select from:

• Office Space – With two major metropolitan centers in the area, it's easy to find startup tenants that are looking to rent office space. When you're an investor in office space, your tenants can have a triple-net lease, which means that they will pay into insurance, taxes, and maintenance in addition to monthly rent.
• Retail Space – Storefront properties are important for a town's success, and as an investor, you'll be providing space for these retail businesses to provide valuable goods and services. With this kind of property, you can benefit from longer leases, which means that you'll receive regular cash flow and have steady tenants.

Real Estate Market Overview and Neighborhoods

When you're investing in commercial and residential property, location is everything. It's absolutely essential that you locate the right neighborhoods for your investment so that you can capitalize quickly. This town is comprised of three unique neighborhoods that include:

• Barneyville
• Town Center
• Ocean Grove

When it comes to neighborhoods in town, Ocean Grove, as one might expect is coastal, and as a result, experiences an upsurge of vacation activity in the warmer months. As a result, commercial investments like hotels and resorts and residential investments in vacation properties can be fairly lucrative. The other two neighborhoods are landlocked, but each grants access to Interstate 195, which means that these are good neighborhoods to invest in residential properties due to their commuter-friendliness.

Choosing the Right Investment Property

Making a good investment decision takes time and effort, and it's a good idea to have someone in your corner as you attempt to locate your next property. Boston City Properties has years of experience in towns like this one and we also have listings of available properties throughout town. Give us a call today at 617-247-1933, so we can help you find your next investment.

Click Here to Search Investment Properties