Theatre District Foreclosures

Theatre District foreclosed properties are readily available, but finding them can be a challenge. Accurate information isn't always easy to come by. With these points in mind, be sure to connect with Boston City Properties when looking for foreclosures in Boston's Theatre District. We'll give you free access to our real estate database, which includes constantly updated listings for Theatre District short sales, bank-owned properties and foreclosures.

Search Foreclosures

Advice for Purchasing a Foreclosure in the Theatre District

It's easy to feel overwhelmed when looking for a foreclosed property in the Theatre District. Such properties can be great deals, but it's crucial to arm yourself with the right information. Doing that is as simple as signing up for free access to Boston City Properties' real estate listings, so make that your first step.

A few additional points to keep in mind while looking for Theatre District foreclosures include:

• Pre-Approvals - Unless you're going to pay cash, obtain a pre-approval from your lender. This document is usually good for a period of 90 days, and it will allow you to make an offer quickly when the time comes.
• Repairs - Foreclosed properties often need a lot of work. The previous owner lost the place, so they often failed to maintain it properly. Whether you'll be moving in or flipping it, some work will need to be done. Find out how much it will cost to see if you'll still be getting a good deal.
• Inspections - Theatre District foreclosures are usually sold on an as-is basis. Protect yourself by paying to have the property professionally inspected.

Sign Up to View Theatre District Foreclosure Listings

You can get all the information you need about currently available foreclosures in the Theatre District by signing up for access to our free real estate listings. On this page, you can then start searching and browsing for properties that suit your budget and needs. Remember too that we have real estate experts on hand to assist you. Contact Boston City Properties now to get started.

Overview

With an approximate boundary formed by Washington Street, Tremont Street, and Boylston Street, this Boston neighborhood is primarily made up of high rises and skyscrapers. Luxury condominiums comprise the majority of the housing stock here, although they range in age from the late 19th century to freshly constructed developments. With one of the highest densities in the city, this area is often thronged with visitors during the seasonal months due to the variety of entertainment options and restaurants and shops. The average purchase price for a bank owned unit in this area is $500 per square foot. Because of its high desirability, short sales are rarer in this area, although they do occasionally come to market.

Bank Owned Properties

Many of the buildings in this area have large floor plates, making them perfect for roomy, loft-style units. In most of these dwellings, the primary floor is essentially one large room, with the kitchen located off the front entryway, and a half bath tucked in to the space beneath the staircase. The rest of the layout is oriented toward the floor to ceiling glass windows that provide ample light and astonishing views of the surrounding city. The kitchens, especially in those buildings that have been recently converted into residences, are a study in some of the finest materials and creative designs in the city. Often, instead of separate groups of cabinets, the kitchen will feature one large block of cabinets that feature a finely grained wood surface with stainless steel handles. These cabinets face out into the principal living space and, from a distance, appear to resemble a massive solid wood form. The remainder of the kitchen tends to feature an elongated island as well as shelving built in to the wall that is perfect for the display of cookware, cookbooks, or other food related paraphernalia. The countertops are often white marble, and the appliances are usually themed to match.

The floor to ceiling windows typically have a set of sliding glass doors that exit out onto a balcony. In some cases, especially with those units that are spread across multiple floors, the balcony is accessed from the master bedroom on the second floor. Some balconies will create a staircase between the two balconies, providing additional room for outdoor festivities and views of the city. However, many buildings do away with individual balconies, preferring instead to have a large rooftop garden with patio furniture and, in many instances, a shared gazebo or gathering place that has locked storage drawers and basic food preparation equipment.

Short Sales

While relatively recent construction boasts the finest in contemporary finishes and materials, many buildings that date from the 19th century have chosen to accentuate their period details. Many of these buildings do not exceed five stories in height, although on occasion an additional level or series of suites has been added to the top of the structure. The front door is traditionally made out of wood, and framed by a wood or granite enclosure. Most of these main entryways feature a door or two doors with inset glass panels. Occasionally, these glass panels will feature authentic antique lettering.

The interiors of these residential units traditionally leave their timber beams exposed, which creates a warm, often cozy, feeling. The units are oriented to face the street via large windows, which often feature a small windowsill that is perfect for hosting a plant or other object. The window wall is traditionally made of brick, and this material is usually left exposed within the interior. The hardwood floors often match custom made cabinetry and built in furniture. In those units that span multiple floors, the staircase is sometimes surrounded by a wooden bench that doubles as storage while camouflaging the staircase.

The kitchens in these units typically are galley style, with a separate island facing out into the living space. The bathrooms generally are equipped with a number of luxurious items, from a hand-held shower accoutrement to gorgeous custom tile work and a glass frosted door. Towel racks can be made from steel or, in some cases, custom varnished woods that match the all-white decor scheme. In most bathrooms, the original brick walls have been plastered in order to make the room easier to clean, and avoid build-up of bacteria in the grout. These types of buildings generally do not provide separate balconies for each unit, instead preferring to have one large rooftop deck that can be host to all types of furniture as well as shared cooking equipment. Many of the units also have an office that can be converted into an additional bedroom, and vice versa. The simplicity of the floor plan makes it easy to perform custom configurations to suit individual tastes. A small vertical space, as opposed to a full room, is traditionally set aside for the washer and dryer. This space is usually made from a former storage closet or pantry.

Search Foreclosures