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Updated about 1 year ago on . Most recent reply
Where to look for a small multifamily in Boston?
Based on your experience, in which neighborhoods in Boston would you look for a small multifamily that cash flows as a long-term rental? Which neighborhoods are popular with renters that can afford Boston rents? I know it's not an easy task.
I'm looking at the city of Boston primarily but also in the immediate vicinity easily accessible by public transportation.
We are out of town so I'm doing research and trying to build a mental map of the city and the areas to focus on.
Thank you!
Martin
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Somerville, Malden, and Medford are great areas still very close to the city. Strong rental pool, very attractive to younger people. Expensive yes, would likely need to get creative to cash flow but appreciation would be a game changer.