Whether you’re looking to reduce living costs or diversify your investment portfolio, investing in multi-family homes for sale in Boston might have crossed your mind. After all, even first time homebuyers are considering this path to homeownership more and more. The appeal is simple: incoming rents will help offset your mortgage costs, and you’ll build equity.
If you need help deciding if you should invest in a Boston multi-family, you need to take a hard look at your finances and speak to a mortgage professional. In the meantime, take a look at some of the multi-family homes currently on the market in Boston. You’ll find our mortgage calculator in each listing and get a rough estimate of what your monthly payment would look like!
Approximate Monthly Mortgage Payment: $3,475
Square Footage: 2,554
This is a great investment property in Boston for contractors, seasoned investors or first time home buyers who would like to take on a project. This 4 family home has three 2 bedroom units and one studio apartment. This property has a lot of potential for buyers looking to put in some work for an increase in equity. It’s located in a convenient Roslindale neighborhood that’s close to many area colleges, and local establishments such as restaurants, coffee shops, bars, and specialty stores.
Listing courtesy of Seller’s Representative: Homexe Team, Cameron Prestige, LLC
Approximate Monthly Mortgage Payment: $4,790
Square Footage: 2,190
If you’re looking for a gorgeous, and move- in ready property then this two- family is an excellent option. It’s a great property to add to your investment portfolio or for first time homebuyers who want to live in one unit and rent out the other apartment. One of the units is currently already rented. The property was built in 2004 and the current owners have done a great job at maintaining it well. Unit #1 has 2 bedrooms and 2 bathrooms. Unit #2 has 3 bedrooms and 2 bathrooms. Both units include in-unit laundry, and …