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February 11, 2010 | | Comments 0

What an interesting ride it has been.

Holey Smoley..I can’t believe it’s been 5 months since my last post.  I had to laugh at my last post back in August about the foreclosure mania being over..didn’t happen!!  I really don’t want to talk about foreclosures and short sales..it’s still a depressed market overall which makes me depressed so why continue to write about it..Which leaves me with what to write about…hmmm…hmmmm…hmmmm….got nothing!  Actually, I do have alot to write about starting with 2 fantastic lofts in Inman Park!   Who cares about this crappy market…if you can get financed and are looking for an incredible loft space, you really need to check these out. They are not cheap but if these units were on the market a few years ago when real estate was good they would have sold for a pretty penny!

The first loft is an incredible 3 story authentic loft with a private rooftop deck!  Seriously, this is quite the loft and a fantastic opportunity to buy an authentic loft in the heart of Inman Park!  Currently used as residential and a photography studio this 2500 sq.ft loft has tall wood timber ceilings, hardwood floors, updated kitchen and a private outdoor area!  Plus, they have been starting to clear away some of the old railroad ties and making clear for the new Beltline(trolley system) across the street.   Words can’t really describe this loft it is massive and incredible.  Take a look at the picture!  I would say this loft  truly does resemble a loft that you would find in New York.  The only other lofts out there that would be somewhat similar to this one are units over in Castleberry Hill, but to find something like this in Inman Park  is just incredible!  Plus, there are only 3 units in the entire building and it has a private front entrance and back entrance.  If you are looking to use it as live work there is a loading dock that goes  right up to the unit! Currently priced at $529,900. Monthly HOA fees are only $125 per month!

The second loft that I have listed is another live/work loft in Inman Park, matter of fact it is right next door to the one above.  This loft is actually more of a raw space even though there is a kitchen and bathroom in place.  This unit is also massive, almost 3100 sq.ft.!!  All on one level and seperated into 3 bedrooms.  There is a ton of stuff that you could do do to this unit to make it look stellar!  This unit also has a private outdoor area and 2 dedicated parking spaces.   Private front entrance and the loading dock also goes right up this unit.  This unit is in a Co-Op building, for all the New Yorkers out there you know what that means, for the rest of you a Co-Op works much differently than a normal condo/loft building.  The major difference is that you are buying shares of the builidng, even though you own the unit, you are still buying shares.  What does this mean?  First is that there are no monthly HOA fees, there are quarterly fees.  For this particular unit they are about $1450.00 each quarter…and before you grown..those fees do include PROPERTY TAXES along with garbage and water. So, really for a unit that is this large those fees are not too bad because of the property taxes rolled in.   If you want more details about how a co-op works, feel free to give me a call!  Currently priced at $399,900!

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