Assuming you could put down $11,000 (20 percent of the asking price) and get a fixed rate 30 year mortgage of the remaining $44,000 at 7% interest your estimated monthly mortgage payments would be approximately $293. Not to say this is a good investment, only to show the reality of what is currently available for purchase on the condo market now in Ward 8.
If this is what "gentrification" looks like...
Go HERE for the full Remax listing.
"GREAT PRICE. SPACIOUS 2 BR CONDO. OPEN FLOOR PLAN WITH HARDWOOD FLOORS IN LIVING AND DINING AREAS. WASHER/DRYER"
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