Investing in Roxbury Real Estate
Looking for investment properties in Boston? You can choose from more than 20 different neighborhoods, but properties in Roxbury are among the best bets. While the Boston real estate market is vibrant and lucrative in general, this neighborhood's central location and eclectic mix of real estate options make it an especially great choice for savvy investors. Whether you're already familiar with Roxbury or are completely unversed, the experts at Boston City Properties can help you locate investment properties within its boundaries that are sure to generate considerable rental income. If you plan to buy a property and flip it later, we can also help you identify the most viable options right here in the heart of Boston.
Why it Pays to Invest in Roxbury Real Estate
Every day, Boston City Properties helps investors like you locate exciting opportunities in Roxbury. Whether you're a seasoned property investor or are just starting out, you're sure to find that this neighborhood has a lot going for it in terms of real estate investing. A few of the top reasons to invest in property in Roxbury include:
- • Location – Roxbury is at the geographic center of Boston, so it's an area that appeals to just about anyone who is looking to buy or rent in the city. This means you will have a steady stream of renters, if you are going to rent out the properties you buy. It also means that, when the time comes to sell, you'll have plenty of interested buyers. On another note, the neighborhood's central location makes it convenient if you live in the city yourself and want to check up on your properties regularly.
- • Value – Property values throughout the city of Boston tend to rise steadily over time. That's undeniably true in Roxbury, where you can expect the properties you invest in to increase in value from one year to the next. This pays off not just for those who plan to flip their investment properties. It's great for those who plan to rent them out because they will quickly accrue considerable amounts of equity. Boston City Properties always keeps our finger on the pulse of the real estate market in Roxbury and can help you locate properties that will give you an amazing return on your investment.
- • Demand – People from all walks of life flock to Boston's Roxbury neighborhood. Thanks to its proximity to the Longwood Medical Area, or LMA, Roxbury is wildly popular with students attending Harvard Medical School and other nearby colleges and universities. The off-campus rental market is amazing, and it helps investors keep the money rolling in throughout the year. Roxbury is home to lots of tech companies and other businesses, so professionals flock to this area too and are always looking for places to rent and homes to buy. Without a doubt, Roxbury real estate is always in demand, so you can't go wrong by investing in it!
Getting Started with Roxbury Real Estate Investing
Like most real estate investors, you're probably pressed for time. Still, a lot of research is needed to make wise real estate investment choices. One of the best ways to handle this is by connecting with an experienced real estate company, and Boston City Properties is the optimal choice. We understand Boston real estate inside and out, and we are extremely well-versed with the available options in Roxbury. Whether you're interested in buying a single-family home, a duplex, a triple-decker, a row house, an apartment building or an entire condo development, we are ready to assist you. If you're not sold on the idea of investing in Roxbury real estate, a member of our team is happy to discuss the matter with you. We can also educate you about exciting real estate investment opportunities elsewhere in the city. Please get in touch at your convenience. We look forward to working with you!
Roxbury Condo Market
People have been settling in Boston's Roxbury neighborhood since the 17th century. Indeed, Roxbury was once its own small town, and it has been continually occupied since those long-ago days. It's been a neighborhood of Boston for ages now and continues to be among the most popular places to live in the city. With stunning brick row houses, classic triple-decker homes and an eclectic array of apartment buildings and other housing options, Roxbury truly has something for everyone. Condos are no exception. If you're looking for a condo in Roxbury, Boston City Properties has you covered.
Condos in Roxbury: What are the Options?
If you've already set your sights on Roxbury and just need to find a suitable condo, chances are that you already know which part of the neighborhood suits your needs the best. From Fort Hill to Grove Hall, different sections of this neighborhood have different things to offer. If you're not familiar with Roxbury, the team at Boston City Properties can help you identify the areas that suit your needs the best. From there, we will work with you to locate the perfect condo.
Amenities and Features
Condos in Roxbury run the gamut in terms of layouts, floor plans, amenities and features. There are loft-style condos in trendy buildings and upscale, luxury condos in high-rise developments. Many row houses and townhomes have been converted into condo units too, and they're located throughout the neighborhood. Floor plans range from open designs to more classic styles. In terms of features and amenities, you'll find everything from very basic units to condos with soaring cathedral ceilings, gourmet kitchens, marble bathrooms and much more.
Average Prices for Roxbury Condos
The first step in buying a condo in Roxbury is determining your ideal price range. It definitely helps to have a handle on the going rate for condos in this part of the city, and Boston City Properties can help enormously in this regard. While prices tend to fluctuate from month to month, they generally trend upward. The latest information regarding condo prices in Roxbury is readily available through Boston City Properties.
Generally speaking, however, you can expect to pay around $300,000 for a one-bedroom condo in Roxbury. The average price for a two-bedroom condo in this neighborhood is $315,000. You can expect to pay around $425,000 for a three-bedroom condo in Roxbury while a four-bedroom model will cost $450,000 or more. Of course, the price depends on a number of factors, including the precise location of the condo. Condos that are closer to Longwood Medical Area, for instance, tend to fetch higher prices than those located elsewhere in the neighborhood. Also, the amenities and features of the condo development have a significant impact on what you will pay. It should also be noted that monthly maintenance fees are par for the course with condos throughout Roxbury and greater Boston.
Find the Perfect Property with Boston City Properties
By having a clear understanding of the condo market in Roxbury, Boston, you will have a much easier time locating the perfect condo. Whether you're buying it as your primary residence or as an investment property, you're sure to be thrilled with the vibrant Boston real estate market and elated by the sheer variety of available options. With help from the friendly professionals at Boston City Properties, your search for the ideal condo in Roxbury will be much easier. We are ready when you are, so get started today!