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First time homebuyer in Massachusetts buying a multi-family

I’m a first time homebuyer in Massachusetts trying to decide between purchasing a single family home or a small multifamily ($700k-$900k range).

I’ve heard that multifamily properties are the smart first purchase to build long term wealth. However, most of the success stories I hear come from people who bought years ago under very different market conditions.

We would owner occupy and rent out the other unit, but I’m questioning whether that still makes sense in 2025. Long term, I want to live in a single family, and my biggest concern is that this first purchase will delay that goal for decades or prevent it entirely.

I’m trying to figure out whether this actually makes sense in today’s market, or if we’d be better off putting that money toward a long term, single family home instead.

Edit: To add some context, my partner grew up in an owner occupied multifamily and has experience with maintenance and property management. I’ve been a renter since I was 18 and have had my share of bad landlords. We take the responsibility side of this seriously and would plan to be present owners.

submitted by /u/RattyHealy75
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source https://www.reddit.com/r/RealEstate/comments/1pszczf/first_time_homebuyer_in_massachusetts_buying_a/
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