This condo on Clinton Street in Haverhill, MA is a short sale and on the market for just $69,900. It has four rooms, two bedrooms, 1.5 bathrooms and more than 900 square feet.
Contact me at 978.835.5906, if you'd like me to schedule a showing to check it out.
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.
The most expensive home for sale in Andover, MA listed on the MLS as of December 5, 2007 was a yet-to-be-built 13-room colonial featuring more than 5,000 square feet, 4.5 bathrooms, a five-car garage and nearly two acres.
This custom-built, new construction home was listed at $3.075 million. The lot is near Phillips Academy. As of December 5, 2007, the home had been on the market for 131 days without a price change. That isn't unusual for new construction.
Not too shabby!
See more photos.
With new foreclosed multi-family properties hitting the market in Lawrence, MA regularly, Lawrence has more than 400 multi-family homes, including regular listings, bank-owned properties and short sales, listed on the MLS Property Information Network, Inc. as of today.
Find multi-family homes for sale in Lawrence, Massachusetts.
Check out The Boston Globe's October 7, 2007 special report, including video, on Lawrence's foreclosure crisis.
Lawrence profile from the October 7, 2007 Boston Globe.
Your high school quarterback son need some help reading defenses or spotting the open receiver?
Well, then move in next door to Patriots QB Tom Brady.
The Boston Herald reported (actually using the Boston Globe as a source) September 13, 2007 that Brady is selling two condo units he owns in a Beacon Hill brownstone. The new dad reportedly will keep the top two floors, which have "panoramic views of the Charles River."
As for the units for sale, "The Boston Globe reported Thursday that Brady is selling one unit, with three bedrooms and three-and-a-half baths, for $4.59 million. The other has three bedrooms, two-and-a-half baths and a $3.99 million asking price."
It might seem expensive, but just think of the signing bonus Junior will get after being drafted in the first round.
Looking for a community with good schools, open space and a great downtown?
Andover, Massachusetts has its share of homes listed for $1 million or more, but as of May 5, 2007, it also had 20 single-family homes listed for less than $400K.
Check out the listings and view the photographs of the homes for less than $400K on the MLS Property Information Network.
There are 40 one-, two- and three-bedroom condos for less than $300K in Andover.
According to the MLS Property Information Network, a Victorian home on Beacon Hill in Boston has the most expensive asking price.
The 9,500 square-foot, 16-room home is presently listed at $16.5 million.
Click here for photographs and a link to a virtual tour of the home.
The Boston Globe has compiled a list of the Massachusetts communities with the highest percentage of affordable homes.
The cities and towns are ranked by share of owner-occupied housing units affordable to four-person households earning 80 percent of the Boston metropolitan area's median income.
There are a few affordable communities in the top thirty I would not have expected, such as Wilmington (2), Burlington (10) and Saugus (28).
The most affordable community is Avon, with more than 50 percent of the homes affordable to four-person households earning 80 percent of the Boston metropolitan area's median income.
The least affordable community according to the data is Brookline. There are zero, yes zero, affordable homes in Brookline using the above criteria.
What communities surprised you as being affordable? Leave a comment.
The data comes from MIT's Center for Real Estate.
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There isn't much, but there is land for sale in Boston.
Over the last few years it has become increasing difficult for investors to find multi-family properties at a price that makes good investment sense.
Click here for a list of multi-family properties in Boston and many of the surrounding suburbs priced at $300K or less.
I am a Massachusetts lawyer and real estate broker 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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