How Close is TOO close to the Train?
Hi Guys,
I am thinking of making an offer on a 2 Family home in Massachusetts that is directly across the street from the train station. This is the Boston to Providence commuter rail. The commuter rail runs (during weekdays) from about 5:45 AM to 9 PM.
- How do you guys think prospective tenants would feel about this situation?
- The rental history for this property is tough to come by because the current owner has been there for a long time and has always owner occupied while renting to his sister in the other unit.
- All the neighboring multi-family houses are currently rented and there are no vacancies within a 5 mile radius (based on craigslist research).
- On the plus side if your a train commuter you have a 30 second morning commute and do not need to own a car. On the down side - your going to have the commuter rail schedule memorized in no time without needing to look at an actual schedule!
- Side note - I will be owner occupying this house and have lived near (not this close) to a train before and didn't mind it.
Any input / experiences would be great appreciated!
Jim