Investing in Brookline: Why Multi-Families are King
October 18, 2020By Maggie Li
Investing in Brookline: Why Multi-Families are King
Brookline is unique among expensive towns in MA because of its high concentration of high-end rental demand. For investors, a two-family or three-family home here is a 'legacy' asset.
The Brookline Advantage
- The Longwood Effect: Thousands of medical professionals need housing within walking distance of the hospitals.
- Excellent Schools: Families will pay a premium to rent in Brookline just for the school access.
- Zero Vacancy: Historically, Brookline has one of the lowest vacancy rates in the state.
Investment Strategy
Look for properties near Coolidge Corner or Brookline Village. Even if the 'cap rate' seems low compared to other states, the long-term appreciation in Brookline is among the best in the country.
Ready to build wealth through Brookline real estate? View my list of multi-family opportunities.