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As of December 21, 2007, there were more than 100 multi-family properties listed on the MLS Property Information Network for sale for less than $300K throughout the City of Boston.
Finding a decent multi-family property at a price that would allow it to be cash-flow positive was next to impossible just a year or so ago, but that is beginning to change.
Check out this three-family property in East Boston for $250K.
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I am a Massachusetts real estate broker and lawyer and co-founder/owner of Buyers Brokers Only, LLC. I am also a partner in the law firm of Rosa & Kres, LLP.
If you have a question for me about any aspect of the home-buying process (i.e., house hunting, mortgages, negotiations, buyer agency, purchase and sale, etc.), please don't hesitate to send me an email. I'm happy to try to answer your question.
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