profitable is it to buy an investment property in marlborough?

Ikpong
Other/Just Looking
01760

Answers (4)
American-mus...
Other/Just Looking
Marlborough, MA

Marlborough is a gem of town surrounded by Communities that offer in many respects similar qualities at much higher prices/taxes. Smarter money would tend to want to invest in a community with characteristics such as this. Additionally Marlborough High School was recently rated a one of the 50 best in Massachusetts. It also has a very highly regarded Mathematics and Science Charter school. So in a nut shell... low taxes, great community, reasonably priced feature rich homes surrounded by Communities that offer pretty much the same thing yet at much higher prices/taxes. That sums up Marlborough.

Tue Jun 23 2009, 10:48
TerritoryRE
Agent
Massachusetts

Do you mean rental income as a means of profitability (make more than your monthly mortgage payments)? If so, sure, there is always opportunity you would just need to take your time finding a property you could buy under market value and keep your mortgage payments less than the average monthly rent in Marlborough.

If you can give more specifics we can probably help you better.

Tue May 5 2009, 14:23
Linnea M. Bates
Agent
Westborough, MA

Hi Ik...

Marlborough, as is true in many areas, currently offers some fantastic buying/investing opportunities. However, you do need to define what you mean by "profitable". Are you looking for long term investments in rental properties? Then now is a GREAT time to buy! The number of people looking to rent in this economy is very high, which obviously bodes well for those with rental properties. If, on the other hand, you are looking for the "quick flip", then your ROI will likely not be what you are looking for. With the surplus of foreclosed and short sale properties available now, if you are able to invest with an eye to the long term, chances are you will look back and thank your lucky stars that you had the means and the foresight to invest in real estate now! Please let me know if I can be of assistance in your search.

Tue May 5 2009, 12:55
Heather Collins
Agent
Concord, MA
FIRST ANSWER

Good Afternoon,

It is absolutely profitable in Marlboro. There are a lot of great deals in Marlboro and a ton of foreclosures and bank owned properties. You can find a house that is a steal! If you were looking to buy a multi family or even a single family home as a rental, Marlboro is the place to do it! There are tons of rentals in Marlboro and they tend to be snapped up quickly! If you would like any more information about the properties that are in foreclosure status or any property in general, please email me and let me know your price range and what you are looking for. I would love to help you!
Heather

Email: heather@realestatebylaurab.com

Tue May 5 2009, 12:53

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