Roslindale Multi-Family Homes

If you're looking to purchase a multi-family home in Roslindale, you have a host of choices. In the northern section of this city, a large number of duplexes and triplexes are interspersed with industrial complexes. In the western part of this neighborhood ― which is the section that borders Roxbury ― you'll discover many more two-family homes. The latter buildings are positioned on somewhat quieter streets, avenues that are lined with majestic trees.

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More multi-families are coming to this neighborhood. In fact, the Forest Hills section of Roslindale is experiencing a spike in construction, and more than 10 large-scale residential developments are either being built now or have opened recently. Plus, if you admire Victorian architecture, you might consider purchasing a Victorian mansion in such parts of Roslindale as Prospect Hill and Metropolitan Hill. Plenty of condo developments are scattered around town as well, and many of the large colonial houses are being transformed into apartment buildings and condo developments.

Of course, it's really no surprise that the number of multi-families in Roslindale is growing, that its average property values are climbing at a healthy rate, or that it's seeing many new businesses opening. That's because Roslindale is simply a beautiful place to be. Roslindale Village Main Street, the heart of the area, has unique and splendid shops, bakeries, and restaurants as well as a museum that's devoted to model railroads. Also worth visiting is the Arnold Arboretum of Harvard University, which occupies 265 acres and contains about 15,000 plants.

Placed only six miles away from downtown Boston, this neighborhood was once a part of Roxbury. Today, it is a primarily residential area. Roslindale is bounded by the neighborhoods of West Roxbury, Jamaica Plain, Mattapan and Hyde Park.

On the western side of Roslindale, residents will find one-family and two-family homes along beautiful, tree-lined streets. The northern section of the neighborhood includes many two-family and three-family properties. These properties are placed amid light industrial buildings. For investors, this means that there are plenty of options available. Duplexes and triplexes are readily available within the neighborhood. On the western side, these homes are placed on quiet streets with plenty of trees and greenery.

In the last 12 months, real estate prices have risen by $70,500. The median home now sells for a price of $500,500. Meanwhile, the average price per square foot increased from $350 to $380. Right now is a good time to invest before the prices rise even more.

While the neighborhood already has many multi-unit homes, there are even more properties coming to the area. There are at least 10 large residential developments in the work. The Forest Hills area of the neighborhood has also experienced a construction boom.

While there are newer properties available, investors can also purchase more historic homes like the area's many Victorian mansions. Colonial houses can also be converted into apartment homes. Throughout the neighborhood, investors will find a number of apartment and condo buildings.

With an increase in residential and commercial growth, this area is poised to grow rapidly in the coming years. Because of its easy access to the rest of the city, Roslindale remains a popular home for renters. To find out how you can enter the Roslindale marketplace, call Boston City Properties today.

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