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Massachusetts Real Estate Q&A Discussion Forum
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Updated about 8 years ago on . Most recent reply

User Stats

34
Posts
6
Votes
Stephen Igbeka
  • Stoneham, MA
6
Votes |
34
Posts

Buy and hold duplex triplex quadplex in MA

Stephen Igbeka
  • Stoneham, MA
Posted

I live in Mass, the cost of living is ridiculous since its in the New England north shore area. Anyone know locations in MA or surrounding states where under 100000k properties is a reality with decent cashflow?

Most Popular Reply

User Stats

172
Posts
53
Votes
Kyle Cabral
  • North Dartmouth, MA
53
Votes |
172
Posts
Kyle Cabral
  • North Dartmouth, MA
Replied

Hi @Stephen Igbeka , they are everywhere. Amazon coming into the FR area, Tiverton coming in with a Casino so the southcoast market is looking promising where you can still buy multi's for 30-35k a door, even better in some cases. Rents are going up, just rented a class C 3BR in Fall River for $1,000/month. On the opposite end of the spectrum, towards the cape (Wareham, specifically) have two rentals purchased sub $100,000.00 with limited repairs (<10k) both producing subsidized rent of $1,800/unit.

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