This property sold for List Price in a meager 4 days. With its modern look, beautiful hardwood floors, modern applicances and large windows accentuating the 2 story ceilings, it is no surpise how quickly it sold. With a loft space accessed by a spiral staircase, beautiful private balconies and Sliding Glass doors overlooking the city, this is a dream home for many.
This home is competing with newer builds that are going up in the area. However there is nothing the new builds offer that this property doesn’t have. The rustic brick exterior adds an industrial look that the new builds are lacking and the location is one of few that are not in jeopardy of losing the city view it currently has.
I believe this sale will continue to add to the increasing cost of living in the 5 Points neighborhood, however It was not sold at a price which could hurt the market.
This is a highly desireable type of property with the increased interest in 5 Points and the Industrial Modern look, perfect for bachelors or couples looking for the city life without HOA’s.
This property is Listed by Kentwood City Properties