Offered at $389,000 UNDER AGREEMENT in just 4 days!!!! SOLD for $381,000 Click here for a listing sheet!
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LIFE'S A BEACH There’s a few words that the owners have used to describe living in their penthouse condo. Mystifying. The ultimate in penthouse living starting with the impeccable beauty of imported Italian porcelain tile. Bright, open plan living area. Two large bedrooms, two baths including Master bath. Panoramic waterviews from every room. Set the mood for the evening with dimmers on every light. Balcony. From red thong bikinis to red tailed hawks, there’s never a dull moment.
You’ll start your morning with a cup of coffee on your balcony with views as far south as Quincy and Boston Harbor. Just imagine all the fireworks displays you’ll see every Fourth of July. Let’s not neglect the view to the east towards Nahant with its waters filled with seals. Look further up the coast as far as the eyes can see. Enjoy an unobstructed view of the North Channel, where ships of all shapes and sizes enter the Port of Boston. Then take your jog down the boulevard. Just don’t trip as you’re checking out the scene, if you know what I mean!!! The sidewalks are endless if your a long distance runner. Finally, it’s off to work, a 7 minute walk to Wonderland is a wonderful way to commute into Boston. Life doesn’t get any easier than this! After work, relax, take a walk, talk to your neighbors, then gain a few calories by visiting your very own Kelly’s Roast Beef just down the Boulevard. What's nice about this end of the boulevard is that it becomes "private" after 10 pm as parking is banned on the beach side all the way to the Point of Pines. Enjoy any of the nightspots within walking distance from your condo. 474 Revere Beach Boulevard, built in 1987 and named "The Breakers", comes with everything you need to make your beachfront lifestyle complete and satisfying without the elevated condo fees of the newer complexes that line the Boulevard. This gated and secure high-rise includes heat, hot water, air conditioning, trash removal and snow removal for a low condo fee of just $413 per month. A newly furnished lobby, swimming pool, and sauna are also included.
In some of the other complexes and for about $46 a month more ($550 more a year), you can get a concierge at one of the other complexes. But do you need one? That’s $1100 in condo fees every second year that can be spent on something more for yourself! The Breakers is also an owner occupied building of 72 units with only 3 units rented. The Boulevard has certainly grown since the days of amusement parks and roller coaster rides. As developers build Revere Beach Boulevard “up”, every dollar invested in this growth has seen an appreciation in property value. Waterfront properties up and down the New England coast is experiencing the rise in property prices. And don't underestimate Boston's effect on Revere Beach! Its effect on the real estate is huge and positive. Since this particular complex was built, condos have seen steady increases in resale value—as much as 18%. The difference between unit 1103 and other units that have come up for sale in this complex and other complexes as well is the fact that it comes complete with no need of extensive rehab work. Remember, a quality kitchen rehab including removal of walls, recessing appliances, rewiring, lighting, Corian counter tops and top quality tiling can cost you upwards of $30,000. Baths about half as much, depending if you have only one bath to do. To top off that expense, add the new window replacements throughout the unit, wall to wall carpeting and recessed lighting. The work done to equal the quality of unit 1103 would cost well over $60,000. Adding to the units value is the fact that it’s a penthouse unit, as the new owners of unit 1103, your time will be spent enjoying the beachfront lifestyle as soon as you get the keys.
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