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34
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6
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Stephen Igbeka
  • Stoneham, MA
6
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34
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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?

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172
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53
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Kyle Cabral
  • North Dartmouth, MA
53
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172
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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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