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Are you ready to take the plunge into condo living? Buckingham Terrace, right at 68 Main Street in Stoneham, Massachusetts, might just be the perfect first home for you. Built in 1967, this five-story gem not only offers a cozy atmosphere but also a sense of community and connection. It’s an ideal spot for first-time buyers looking for a fresh start in a welcoming environment.
With a modest total of 41 units, Buckingham Terrace has low availability, making it a sought-after location for those eager to settle down. Units range in size from 439 to 1,165 square feet, appealing to various living styles and needs. The average closing price is about $375,000, translating to an affordable price per square foot at $410. In a market that has shifted slightly in the past year, now's an excellent time to consider making this your new home.
Living in Buckingham Terrace means being part of an active community that values connection. With mostly two-person households making up 29.17% of the demographic, you’ll find plenty of friendly neighbors. About 65.54% of residents own their homes, establishing stability in the community. The vibe here is relaxed yet vibrant, perfect for those taking their first steps into homeownership.