So, basically that blog post I wrote last week about Anne Jones’s awesome 2 bedroom 2 bath condo in St Helens BLEW UP on the interwebz and now I want to give you, my people, MORE delicious downtown condos to read about. More than 3,000 people have read that post! And my phone won’t stop ringing (but seriously, text me people!) with people wanting to find out how to buy a great condo downtown. So exciting. I love it when a place hits a nerve.
That said, I did hear from some of you saying, “I love it but I need something EVEN MORE AFFORDABLE. I’m an artist/nonprofit worker/philosopher and don’t have that kinda cash to throw down.” Ok. I hear you. And I have three little words, people. CLIFF STREET LOFTS.
A Cliff Street Loft came on the market today for $119,900. It’s a top floor studio (but it has a built in loft bed) with those BIG TALL CEILINGS with beams that all you kids like. The seller’s agent is Greg Frederickson (thanks for letting me write about your loft, sir!) and you can see his listing here.
Deets:
Photo of Cliff Street Lofts by Scott Hingst via Windermere Professional Partners
Price: 119,900
Square footage: 633 square feet (studio)
Monthly HOA Dues: $168 (includes water, sewer, garbage, common area maintenance, building insurance)
Cliff Street Lofts Amenities: Elevator, Rooftop Deck
Any cons? The main drawback for this unit is that it doesn’t include a parking space in the awesome Cliff Street Lofts parking garage- but that’s no biggie because there are several lots on that block where you could rent a space. I’ve also heard of people renting from other owners of spaces in the Cliff Street Lofts parking garage and the Perkins Lofts parking garage (at the other end of the block).
Financing: Cliff Street Lofts are currently (As of January 2015) only approved for Conventional Financing. So check with your lender about whether or not you are approved for a conventional loan (no FHA or VA loans on this place right now).
Sales at Cliff Street Lofts in the past year:
1120 Cliff Ave #304 – 1 bedroom – 638 square feet – sold for $109,900 after 88 days on the market 1/17/2014
1120 Cliff Av Ct #309 – 1 bedroom – 702 square feet – sold for $117,000 after 123 days on the market 6/23/2014 (short sale)
1120 Cliff Av Ct #210 – 1 bedroom – 615 square feet – sold for $120,500 after 65 days on the market 1/15/2014 (short sale)
1120 Cliff Ave #507 – 1 bedroom – 725 square feet – sold for $135,000 after 29 days on the market 6/17/2014
So there you go! One of the most affordable lofts to come on the market in a while! If you’re into minimalism, tiny house living, or just saving money- this might be for you. If you’d like more information or would like to see this unit, contact me!
