19 March 2008, 8:30 pm
My boyfriend and I are in the process of buying a brand new construction condo in Malden, MA, off of the train line five minutes from Boston. It's a 2 bedroom, 2 bathroom, 2 parking spot (one garaged) condo with 18 units in the building. It's in a nice area, but we are first time homebuyers and are obviously nervous about the purchase. It seems like a good investment at $300,000, but I wanted to hear other peoples' opinions. Other info on the property - it's on the third floor (top floor) in the corner (although windows are only in one direction because there is a stairway to one side - not the main stairway). The building has an elevator that comes off of the garage. The living room is huge. The kitchen is granite and stainless and there is a small dining room and small closet area for a washer/dryer, which are included in the price. There are hardwoods in the main areas, tile in the bathrooms/kitchen/dining and rugs in the bedrooms. The unit is 1170 sq/ft. Is this a good investment?... read more
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