This condo in Boston’s historic Beacon Hill is now listed for $793,900. This is a prestigious address in a 3-unit condo building, and it is convenient to all Boston has to offer. The previous owner of this REO paid $1,270,000 just a year and a half ago (3/29/2007), and Zillow.com now estimates its value to be $1,144,500.A unit like this would rent for $4,000 to $5,000 per month, so it would not be a good candidate for an investor seeking rental income. For an owner-occupant, however, it could be a great opportunity to buy in a demand location while the market is still favoring buyers. Though the unit appears to be in good condition currently, it is a bit dated and lacking that certain top-quality feeling one comes to expect in a high-end property. Tons of potential with this one... with some thoughtful design and renovation, this place could be a really incredible city dwelling.
The basics...
Address: 32 Temple Street, Unit 3, Boston, MA 02114
Current Listing Price: $793,900
PREVIOUS Sale Price: $1,270,000 (3/29/2007)
Size: 3 Bedrooms, 1.5 Bathrooms; 1,500 square feet
http://www.realtor.com/realestate/boston-ma-02114-1103026740/
