Boston Investment Properties

Boston Investment Real Estate

Boston offers a wealth of multi-family properties and investment opportunities, and enterprising investors will find much to love about the Boston scene. I can help you locate the very best opportunities that Boston has to offer.

Why invest in Boston?

The Cost of Living Supports High Rents

The cost of living in Boston is 10.6% greater than the Massachusetts average and 32.4% greater than the national average. That’s great news for multifamily investors. Tenants in Boston already expect the rents to be high, which means you can get a good ROI on each and every one of your tenants, even if you rent your properties out at market rate.

The median income of $51,739 citywide means that the residents of Boston can usually afford to pay these rents as well, which means you’ll be spending your time collecting checks, not evicting bad tenants.

High Rental Demand, Low Vacancy Rates

It’s hard to keep an apartment vacant in the Boston area. Boston College, Boston University, Harvard, Cambridge, and a host of smaller post-secondary institutions all attract a steady influx of student renters year after year. These renters would pay $1,100 to $1,500 per month to live in the dorms, where their activities would be restricted and where they’d share close quarters with roommates. Off-campus housing is usually considered to be the better deal.

Off campus housing is in high demand around Boston, creating a good investment real estate investment market. Photo by Henry Zbyszynski.

Off campus housing is in high demand around Boston, creating a good  real estate investment market. Photo by Henry Zbyszynski.

Students are not the only source of tenants, however. Boston’s prestigious hospitals attract medical professionals from around the world. Its thriving business community brings in young professionals from many other walks of life as well. Many of these individuals will come to Boston as renters and will remain renters for the foreseeable future. Most will have solid incomes, steady careers, and a sense of responsibility that will keep your investments in great shape.

All of this means you can take your pick of tenants, choosing only those which will provide a steady source of income. Here in Boston you can take your pick, especially if you invest in some of Boston’s most desirable neighborhoods, like Brookline or Brighton. Many tenants will want to stay put once they’ve secured homes in these convenient, vibrant neighborhoods, especially since public transportation will give them easy access to everything the city has to offer.

Location Makes a Difference

Don’t try to invest in Boston real estate without an expert by your side! The Boston market can be tricky, for all its advantages. A few city blocks can mean the difference between a huge return on investment and a disappointing one. You need someone who knows the market very, very well—even if you are an experienced landlord or investment club holding dozens of rental properties. Each new rental is its own adventure.

Fortunately, I have extensive knowledge of some of Boston’s best and brightest neighborhoods, including Brookline, Newton, Chestnut Hill, Brighton and West Roxbury. All of these offer some very solid investment potential because these neighborhoods offer the kinds of excellent amenities that appeal to tenants, especially the lucrative student and professional marketplace.

Take a moment to browse the investment properties below. Then, contact me today. I’ve got dozens of options for you to choose from, whether you are adding to your extensive portfolio or seeking a property where you can be an owner-occupier that enjoys a steady source of income to help you tackle your mortgage. Call today!

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