The recent sales of two exceptional East Boston properties, both with great views, for excellent prices tell us that the East Boston real estate market is still very strong for renovated, well maintained, desirable, and unique properties.
In August, a 1,364 square foot two level penthouse, both spectacular and unusual, in a brick Jeffries Point brownstone sold for $390,000. This unit was originally converted into a condominium in the 1990s, and every time it has sold since then, it has commanded top dollar. The unit boasts ample square footage, a unique style, and a great Jeffries Point location across from Belmont Square / Brophy Park, with incredible views of the Boston skyline and harbor. This unit sold for 97% of the final asking price.
In September, an impeccably renovated 2,000 square foot hilltop home sold on Gladstone Street for $435,000. This home was tastefully and completely renovated. Located on one of the most desirable Orient Height’s streets, it also had commanding views of Boston. This property sold at 92% of its final asking price.
The sale of both of these properties tell us that if a property is well located, has ample square footage, is in well maintained or desirable condition, it will sell for a decent price, even in today’s market.
Please check back as we continue to update you on East Boston real estate happenings. To see all our listings, or to search MLS properties, head to the Tony’s Realty Website.
Email Tony with your questions or comments.
.
All About East Boston Weblog 