LAWRENCE — The dream of home ownership is close at hand with a lovely new townhouse condominium on Water Street. The bright new home features three bedrooms, a full and a half bath, a garage and even a deck.
This great new, energy efficient three-bedroom home is listed for only $139,900.
The exterior of the townhouse condex is cheerful and maintenance free, while the interior is surprisingly spacious. The street level offers easy access from the garage, a laundry hook-up, and efficient, well-insulated storage space. The welcoming front foyer is bright, with a lovely half circle window adding nice detail to the paneled front door.
Up a carpeted staircase, the main level of the home is gorgeous. An open floor plan and double glass sliding doors provide loads of natural light, and a bay area with three large windows add architectural interest to the attractive living room.
The kitchen is bathed in sunlight and connected to the living room by a large dining area framed by a neat architectural column. The richly hued hardwood cabinets and brand-new appliances — including a gas range, dishwasher and microwave oven — are delightful. The double glass doors lead out to the deck on the rear of the house, making it an excellent spot for a gas grill and chairs for outdoor dining or relaxing in the warm weather. There are even views of the Merrimack River from the comfortable deck.
The 17- by 13-foot living room is eye-catching and well-planned. It is easy to imagine relaxing in the space while watching television, but with the open floor plan and views out to the deck, it is also an excellent place to entertain.
The townhouse has served as the model for the surrounding homes, and it has been beautifully decorated and furnished with fabulous furniture and plush wall-to-wall carpeting. The first floor also offers an appealing and convenient half bath.
The second level features two bright bedrooms with large closets and a nice full bath. The top level offers a spectacular 20- by 19-foot master bedroom, with vaulted ceiling and a walk-in closet. This is a huge space that feels more like a private apartment than a bedroom. All of the bedrooms have plush, wall-to-wall carpeting, paneled doors and nicely detailed moldings.
While this new home is attractive, it is also energy efficient. The home has been well-insulated and has insulated glass windows to cut down on heating costs. It is connected to city water and sewer services.
The urban location offers the homeowner easy access to shopping, restaurants, recreation, medical services, public transportation, and schools, and it is with-in walking distance of the popular Boys and Girls Club of Lawrence. The downtown shopping district is also within walking distance, and Interstate 93 and an area of extensive shopping and restaurants is just a short drive away in nearby Methuen.
This attractive, newly-constructed townhouse is an excellent starter home at only $139,900, and the low mortgage rates, along with the federal tax credit of $8,000 for first-time buyers, provide extra incentives to become a homeowner.
For qualified buyers, the seller will contribute $260 per month for the first year and $130 per month for the second year toward the buyer's mortgage. And if it is sold before Nov. 30, the buyer will appreciate all of the free furniture included in this attractive model home.
The affordable, brand new, three-bedroom, 1 1/2 bath home is large enough for a family and offers a wide range of desirable amenities, along with the pride of home ownership.
The townhome has been built by Charles Hope Companies, LLP, a firm that is well respected for high quality small- to medium-size building and remodeling projects across the Merrimack Valley. Working with its subsidiary, The Hope Partnership, a full-service real estate company, Hope is making the dream of home ownership possible for many first-time buyers.
This is not a home that can be fully appreciated from the outside. Potential buyers must tour the inside to grasp the excellent value, spaciousness and beautiful décor.
There will be an open house today, from noon to 3 p.m., at the townhouse located at 166 Water St. For those who cannot attend the open house, but would like an appointment to see the property, directions or further information, contact owner Alan Hope 978-815-4022 or Michelle Fermin of ReMax Prestige at 978-423-6545.
At a Glance:
Where: 166 Water St., Lawrence
Designed for: First-time buyers that can take advantage of the $8,000 tax credit!
Price: $139,900, Seller will contribute $260 per month for the first year and $130 per month for the second year towards buyer's mortgage.
Listing agency: Michelle Fermin, ReMax Prestige 978-423-6545
