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A Spencer Loft for sale with a huge deeded detached storage unit

By Jeffrey Bowen. 781-201-9488 info@chelsearealestate.com on January 11, 2021 • ( 0 )

Here is a a large corner Spencer Loft for sale with a huge deeded detached storage unit (The only one in the building). Spencer Lofts is located at 60 Dudley St Chelsea, MA 02150. This loft is South East bright and sunny corner loft is elevated on the first floor. This loft may have the highest ceilings in the building, which would possibly enable a mezzanine to be added in the future; subject to city approvals. The ceilings are over 15 feet high! The oversized windows are the largest in the building. The loft is over 1,300 square feet and the deeded storage unit is over 800 square feet. There is one deeded parking space included. There maybe an extra space for rent. There is gas heat, central a/c and electric hot water all which has been replaced in the past few years. The kitchen features stainless steel appliances, a gas fired range and a kitchen island. The floors are poured concrete. Some owners have applied Epoxy resin with a high gloss finish, some have installed bamboo or hardwood floors, however most have left the factory/industrial look and finish as they are. This loft has exposed brick walls, which only about 20% of the units have. I find them very charming and they add character to the space.

Listing price is $475,000. First showings at the first open houses on Saturday and Sunday, January 16th and 17th from 11-12PM. All Covid protections will be in place. Please park on the street and please follow the signs.

The Spencer Lofts are 100 residential lofts and one commercial space with a community room and the new roof deck with 110 parking spaces that was converted in 2004 from a former “Everlastik” textile factory. The Building was built in the Progressive era which was between 1880 and 1900. The property is well-managed and the building has undergone extensive renovations in the past few years. The roof was replaced as well as all the heating, hot water and a/c condensers. The brick work has been almost entirely repointed. The hallways in building A were just replaced. There are two elevators and three stairwells. The condo fee includes management, snow removal, exterior maintenance, hall maintenance, pubic electricity, trash and recycling removal, elevator and common repairs, plus reserve funds kept at a minimum of 10%. Rates are in the 2.875 range as of today for well-qualified buyers. There is free bike storage in the large basement. The property is approximately 87% owner occupied. There are no future assessments planned and the future looks bright. No where can a person find such a well-maintained and well-managed loft community for these price points near the City of Boston.

Chelsea is 2 square miles in diameter and a population of approximately 50,000 people. The city is doing very well and all the schools, roads and bridges have been rebuilt or are being rebuilt as I write this. Please visit http://www.cityofchelsea.gov.

Chelsea has a rich history, a diverse culture and has a vibrant community. There is a large artist colony here, a community garden and a cultural center/community center in the initial planning and development. There is Governor Cary House. https://bellinghamcary.org/

The Chelsea Commons Mall https://properties.federalrealty.com/property/chelsea-commons/3313956 is close by and The Mystic Mall is not too far away as nothing is in Chelsea.

There are many dining options in Chelsea. There is the Apollinaire Theatre Company here. https://www.apollinairetheatre.com/index.php

The Silver Line https://www.mbta.com/schedules/743/line and The Commuter Rail are in Chelsea, Which makes commuting to Boston a breeze.and https://www.mbta.com/stops/place-ER-0046

Please take a look at my youtube channel at http://www.youtube.com/jeffybow1 showcasing a lot of the properties that we have listed and sold over the last decade.

We have more developments and condo for sale on the way! Check out http://www.932broadway.com

or https://chelsearealestate.com/932-broadway-chelsea-ma-02150-33-designer-condos-for-sale-by-jeffrey-bowen-of-realway-realty-group/

33 new designer condos for sale a few blocks away!

Thanks for visiting http://www.chelsearealestate.com We have been #1 in luxury condo sales for over a decade and counting and we are Chelsea Real Estate. Please like, comment and share. We are always looking for new seller and buyer clients to represent, so please text/call Jeffrey Bowen at 781-201-9488 or email jeff@chelsearealestate.com

Thanks,

Jeffrey Bowen

REALWAY Realty

932 Broadway Chelsea, MA 02150