The Colonial Village Condos in Arlington MA are some of the least expensive condominiums in Arlington Massachusetts and excellent opportunities for first time real estate buyers.
Built in 1962, Colonial Village is on Colonial Village Drive off Lowell Street. The complex consists of 144 condos in a dozen three-story 12-unit brick buildings (it's a gross of condos!).
In the center of the complex is an outdoor pool. There is outdoor parking for residents but there is no guest parking. Most units come with one or two parking spaces.
In each building there are four apartments per floor. The first floor units are partially below grade. Smaller one-bedroom condos are approximately 420 - 440 sq. ft. Larger condos, configured as one or two-bedrooms, are in the 640 - 665 sq. ft. range. All the condos have one bath. Many have hardwood floors.
Many of the units have been renovated over the years. Others can be found in original condition with retro charm.
Current condo fees are approximately $250 to $350 per month and include heat and hot water.
Shopping and Recreation Near Colonial Village
Arlington's popular swimming hole, the Arlington Reservoir - the "Res", is just down Lowell Street. The well-used Minuteman Bike Path is close by. The Crescent Hill Historic District is not far and the Arlington Heights shops along Mass Ave are an easy walk. Brigham's, a wonderful 5 and 10, a hardware store, Panera Bread and more can be found in the Heights shopping district. Trader Joe's is in one direction, Stop and Shop and Foodmaster in the other.
Colonial Village Condo Sales and Rentals
In 2008 Colonial Village sales included:
- A first floor four-room two-bedroom condo, 635 s.f., sold for $145,000
- A second floor three-room one-bedroom condo, 667 s.f., with two parking spaces, sold for $195,000
- A first floor four-room, two-bedroom condo, 642 s.f. sold for $176,000
2009 sales include:
- A 665 s.f. four-room two-bedroom on the 3rd floor sold for $158,000
- A 638 s.f. four-room two-bedroom on the 1st floor sold for $142,500
Rents at Colonial Village are in the $1,000 to $1,200 per month range.
Elizabeth Bolton is a real estate agent at Coldwell Banker on Huron Avenue in Cambridge and works with real estate buyers and sellers in Arlington, Belmont, Cambridge, Medford, Somerville, Watertown and nearby communities. Contact Liz at 617-504-1737 for more information about the Colonial Village Condos in Arlington MA 02474.