Archive for May, 2009

Single Family Home New to Market

Tony’s Realty has recently listed a completely renovated single-family row house at 115 Bennington Street, between Central and Day Squares. This home has been in the same family for many decades. The heating systems and windows are newer. The kitchen, bathroom, flooring, plastered walls and ceilings are brand new. The roof was replaced in November 2008.

This home is very sunny. It has gleaming hardwood floors, two very large bedrooms, one smaller bedroom that can also be used as an office or den, a beautiful eat in kitchen with a gas stove, and lots of closet space. The large basement has a new hot water tank, a washer/dryer hook up, and a door that leads to a small yard ideal for gardening or pets.

The home is located in a row of well kept, mostly owner occupied single-family homes, and is extremely close to restaurants, stores, and the new Bremen Street Park and Airport T Station. It’s priced at $239,000.

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.

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Newer East Boston Developments at Affordable Prices

The current real estate downturn has made it much easier to find a home at prices more reasonable than even a year or two ago. The difficulty can sometimes be finding a reasonably priced home in tip-top condition. “Affordable Housing” developments, or units, oftentimes provide opportunities to buyers within certain income brackets to purchase new construction or gut renovated properties at reasonable prices.

One such example is 429 Border Street, a two-bedroom condo currently on the market for $184,500. This home has sweeping views of the waterfront and Tobin Bridge from both its living and dining rooms as well as its private deck. The unit also comes with one deeded parking space. It is new construction, under two years old, and built to last.

When Porter 156 was built, it introduced East Boston to loft living. It also introduced loft living at affordable prices. One such unit is 226, which is currently on the market for $239,000—the most reasonably priced unit currently on the market at Porter. The unit comes with the same amenities expected from a Porter loft: expansive windows, bamboo floors, open space, subway tiles in the bathroom, and one deeded parking space. The only difference is its affordability.

“Affordable Housing” oftentimes provides buyers the option to purchase a home in great condition and at a reasonable price. And most of these homes can be sold and resold with a reasonable increase in value.

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 Zaragoza with your questions or comments.

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Jeffries Point Single-Family Perfect for a City Dweller Craving Space

Tony’s Realty has recently listed 5 Murray Court, a wonderful single-family home in Jeffries Point. In excellent condition, this 7-room home has 1,548 square feet and was completely rebuilt in 1985.

There are three levels of living space, each zoned with gas heated forced hot water, in addition to a full basement and attic for storage. There are three large bedrooms, a second floor den, an additional room used as an office, one and one half baths, and ample closet space. The home has both first floor and second floor decks.

This is perfect for a city dweller craving lots of square footage and low maintenance while still having easy access to the Maverick T Station, Piers Park and all the quaint restaurants and shops in Jeffries Point. The asking price is $245,000. An open house will be held Sunday, May 17, from 12:00 to 1:30pm.

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.

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There’s a Strong Demand for East Boston Properties in Excellent Condition

Even though our country is in the worst financial straits since the Great Depression, recent sales during the last two months of certain East Boston properties show there is a strong demand for good properties in excellent condition in our neighborhood, and there are buyers willing to pay for and occupy them.

Recently, a 1,906 square foot 4 bedroom single-family with parking in excellent condition sold at 30 Annavoy Street for $350,000. A two level, 1,757 square foot brand new condo with parking on Lamson Street in Jeffries Point sold for $392,750. At 281 Webster Street, a top floor, 1,036 square foot brand new condo sold for $322,000. Two top floor lofts, each with two garage spaces, sold at Porter 156 for $360,000 and $367,000. A beautiful two-family with four garages at 28 Orient Avenue sold for $370,000. A unique 4,102 square foot two-family consisting of a brick single and an attached townhouse with 2 garages and ample parking at 50-52 Ashley Street sold for $475,000.

There have been buyers in East Boston willing to pay over $300,000 for larger homes in excellent condition with excellent room layouts and sufficient parking (although plenty of properties without private parking sell). Stagnant sales are more prevalent among properties that are in bad condition, have poor room layouts, and are overpriced.

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.

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