Jena Khabazeh - - KELLER WILLIAMS REALTY / Merrimack Valley | Westford,Chelmsford,Concord, Carlisle



219 Central St, Lowell, MA 01852

Condo

$209,900
Price

4
Rooms
1
Beds
1
Baths
Here is the opportunity to live in the heart of downtown Lowell in the historic Fiske building! A large open floor plan with hardwood floors leading throughout the living room, dining room and into the master bedroom. The oversized windows and high ceilings allow in an abundance of natural sunlight. This condo features in unit laundry, kitchen with granite countertops including all the appliances. Additional storage in the basement and building has an elevator for easy access. A short walk to local shops and great restaurants or minutes to the highway- enjoy all that downtown Lowell has to offer!
Open House
No scheduled Open Houses

Similar Properties



As a condo buyer, it is important to find a property that matches or surpasses your expectations. At the same time, you'll want to do everything possible to avoid paying too much for a condo.

What does it take to shop for a condo and avoid the risk of spending too much to acquire your dream residence? Here are three tips to ensure you can pay the right price for any condo, at any time.

1. Browse the Real Estate Market Closely

An informed condo buyer will be able to differentiate a mediocre property from a great one. Plus, this condo buyer will know what it takes to avoid paying too much for a property that is unlikely to deliver long-lasting value.

Take a close look at the current housing market to understand the prices of condos in various cities and towns. By doing so, you can determine the price range for condos that fit your needs.

Don't forget to check out the prices of recently sold condos in your area too. That way, you can understand how long condos typically are available before they sell and map out your condo buying journey accordingly.

2. Get Pre-Approved for a Mortgage

Pre-approval for a mortgage will allow you to define how much you can spend on a condo. It also will enable you to reduce the risk of stretching beyond your financial means to acquire your dream condo.

To get pre-approved for a mortgage, you'll want to meet with several banks and credit unions before you kick off your condo search. This will allow you to learn about both fixed- and adjustable-rate mortgages and the pros and cons associated with these mortgages.

Furthermore, don't be afraid to ask lenders how different types of mortgages work, as this will enable you to select a mortgage that corresponds with your budget both now and in the future.

3. Consult with a Real Estate Agent

Employ a real estate agent to assist you along the condo buying process – you'll be happy you did. This real estate professional will do what it takes to help you land an exceptional condo at a budget-friendly price.

A real estate agent understands the differences between a buyer's market and a seller's one. As such, he or she can offer tips at each stage of the condo buying process, ensuring you can buy a top-notch condo without spending too much.

In addition, a real estate agent will take the guesswork out of going from condo buyer to condo owner. This housing market professional will set up condo showings, negotiate with condo sellers on your behalf and much more. That way, you can accelerate the process of acquiring a great condo.

Buying a condo at an affordable price may seem impossible at times, but a real estate agent will make it simple for you to do just that. Consult with a real estate agent today, and you can improve your chances of securing a condo without the risk of overspending.


This Condo in Lowell, MA recently sold for $167,000. This Garden style home was sold by Jena Khabazeh - KELLER WILLIAMS REALTY / Merrimack Valley.


343 Pawtucket Blvd, Lowell, MA 01854

Condo

$165,000
Price
$167,000
Sale Price

4
Rooms
2
Beds
1
Baths
Multiple offers received. Best & final offer due by Monday, February 3rd @ 10 a.m. This spacious two bedroom condo is move in ready! All new flooring and fresh paint throughout the entire unit. Walking through the open layout between the living room and dining room is perfect for entertaining. The updated kitchen has stainless steel appliances and quartz countertops. As you make your way down the hall the bathroom has been completely renovated with a stunning tiled tub/shower. Both bedrooms let in the natural light with plenty of closet space. Camelot Court II is across from the Merrimack River where you can enjoy walks or bike trails. Great commuter location- close to route 3 and 495.

Similar Properties




343 Pawtucket Blvd, Lowell, MA 01854

Condo

$165,000
Price

4
Rooms
2
Beds
1
Baths
This spacious two bedroom condo is move in ready! All new flooring and fresh paint throughout the entire unit. Walking through the open layout between the living room and dining room is perfect for entertaining. The updated kitchen has stainless steel appliances and quartz countertops. As you make your way down the hall the bathroom has been completely renovated with a stunning tiled tub/shower. Both bedrooms let in the natural light with plenty of closet space. Camelot Court II is across from the Merrimack River where you can enjoy walks or bike trails. Great commuter location- close to route 3 and 495.
Open House
No scheduled Open Houses

Similar Properties



Photo by Pixabay via Pexels

When it comes to home ownership, you have many options beyond buying a single-family home. A condominium and a townhouse are two such options. Before you consider making one of these your permanent home, it's important to understand the differences between them.

Condo Ownership

When you purchase a condo, you own the entire inside of the structure. The condo association owns the exterior, all common areas, and the land where the condo sits. Condo owners are not responsible for exterior maintenance. However, you need to budget for condominium association fees apart from your monthly mortgage payment. This covers the cost of repairs and maintenance in common areas. Most condos are in multi-story buildings.

Townhouse Ownership

When buying a townhouse in a traditional manner, you must pay dues to its homeowner's association. This fee goes toward outdoor maintenance, such as mowing the lawn and shoveling snow. Your fee may also include landscaping services. Townhomes typically appear as conjoined single-family homes.

If you choose to purchase a townhouse in a non-traditional manner, you own the land it sits on as well as the physical structure of the home. This means you are responsible for repairs and maintenance both inside and outside of your townhome. The association that owns a townhouse complex is only responsible for communal repairs such as potholes on the street.

Financial Considerations

You can't deduct homeowner's dues if either type of property is your primary or secondary home. The only exception to this is if you rent it to others. If you occupy the condo or townhouse, you can deduct real estate taxes and mortgage interest if you itemize deductions on your tax return. If you plan to use the condo as a second home and rent it the remainder of the time, make sure that you occupy it less than 10 percent of the time that you rent it. If you don't, the IRS considers it personal property.

The non-mortgage fees for a condo are almost always higher than they are for a townhouse. This is due to more shared areas and additional amenities that most townhomes don't have. These may include a swimming pool, a recreation room, or an area on the roof to suntan or host a barbeque for your neighbors. These amenities all carry an additional risk, which necessitates the need for additional insurance coverage.

The property taxes and initial down payment are typically higher for condos as well. Even so, some people prefer a condo over a townhouse because they feel that not being at street level offers them better security.

If you’re in the market for a non-traditional home, feel free to schedule a consultation. We'll go over your options and find the best home to suit your needs.




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