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Cheapest Somerville/Cambridge Condo Comes with Catches

Condos under a quarter-million are hard to come by in neighbors Cambridge and Somerville. Heck, condos under $300,000 are tough to find. So, it is with genuine curiosity that we regard Unit 35 at 474 Broadway. It is as of last week the only condo on the market in either city asking under $250K.

The exact asking for the 1-BR, 1-BA, 641-square-foot spread is $244,900. But! According to the Re/Max listing, "only owner-occupant offers will be considered during this time. Investor offers will be considered after 3/03/2014. Seller is offering up to $500 toward home owner warranty for owner occupant buyers." If you want to buy it in the next few days (and these things do go fast), you have to live in it. Well?
· The Only Other Cambridge/Somerville Listing Under $300K [Curbed Boston]
· The Only Cambridge/Somerville Home Under $250K? Gone. [Curbed Boston]