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Arlington Home of the Week: 1 Watermill Place, Unit 114

This condominium unit at Watermill Place is one of the best purchase opportunities on the Arlington real estate market today.

At this time of year, residential inventories traditionally dip, however, new properties do trickle through and this week there is wonderful opportunity for prospective homebuyers to enter the Arlington real estate market. A beautiful condominium unit in Watermill Place offers the perfect solution for singles or couples to purchase a piece of property, and take advantage of communal resources where general expenses are shared and reduce costly monthly expenditures.

This first floor, one bedroom unit has received some valuable upgrades with new carpeting and fresh paint throughout providing even more advantages to its new title holders and a residence in exceptional move-in condition. The living/dining room boasts generous dimensions to comfortably accommodate furniture for both uses and includes an oversized bay window that drenches the room in natural sunlight. The gleaming white kitchen includes a pass-through to the living room visually expanding and uniting both areas and supplies many culinary accessories including a liberal amount of cabinet and counter space. The spacious bedroom offers substantial storage space with two closets and the full bath and stackable washer/dryer are conveniently located at its entrance.

The purchase of this unit also includes central air conditioning and one deeded parking space with guest parking readily available. The reasonable monthly maintenance fee covers professional off-site management as well as expanded basic cable, water and sewer costs, master insurance, exterior and elevator maintenance, landscaping, snow removal and an exercise room.

At this price point and with many overhead expenses covered in the monthly disbursement, the purchase of this property is a fabulous economical investment, especially for first-time homebuyers who pay high rental costs and are apprehensive of assuming ownership expenses. Real estate inventories will eventually rise which could later result in higher demand and eventually rising prices. Now is the time to take advantage of this great opportunity to purchase a property that is being offered in excellent condition, at an affordable price with the advantage of shared overhead costs.

Location: 1 Watermill Pl., Unit 114

Price: $245,000

Rooms: 3

Bedrooms: 1

Baths: 1 full, 1 half

Living Area: 706 sq. ft.

Listing Agent: Paula Luciano, Coldwell Banker Residential Brokerage, 781-223-8373

If you are a realtor or a home owner selling a home and want to be featured in an upcoming Home of the Week, please email Michele Taranto at m.taranto@aol.com.

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