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Updated about 5 years ago on . Most recent reply

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Mitchell Palmer
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How would you invest $400k in Boston

Mitchell Palmer
Posted

If you could afford a $400k property in Boston... would you stick to a studio apartment in a good area of Boston or go to some of the cheaper areas where there are longer commutes and more of a reputation for crime?

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Lien Vuong
  • Real Estate Agent
  • Boston, MA
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Lien Vuong
  • Real Estate Agent
  • Boston, MA
Replied


$400,000 purchase price

Somerville: 2 bed 1 bath condo

Malden: 3 bed 1.5 bath single family

Lowell: 2 fam

Attleboro: 3 fam 

If qualify of life is important to you I would suggest going with a single fam that's not too far from the city where you can rent the rooms for extra income and still have a reasonable commute. Anything in the multi space will make you commute a min of 1 hour no matter the direction. 

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