Thomas Martin Lofts in Chelsea All Priced Under $550,000

204 Spencer Avenue in Chelsea, a building dating back to the mid-1880s, was once the site of a Baptist church for close to a century.  This year, Roback Real Estate and Jems Financial converted the building — which was vacant until that point — into 10 luxury loft-style condos, ranging from studios to 3-bedroom units.

Called the Thomas Martin Lofts (named after the building’s original builder), Tom Acitelli writes for Curbed that the condos — priced at $325,000 to $525,000 — are a steal relative to downtown Boston condo prices, and demonstrate how Chelsea increasingly is offering a viable option for buyers who may be priced out of Boston proper.  The condos are currently on sale through Jeff Bowen.  New development in Chelsea, coupled with the Silver Line extension into the city, may continue to help boost the neighborhood as a “genuine alternative” to Boston, according to Acitelli.

Below have a look at some photos of the Thomas Martin Lofts:

Thomas Martin Lofts 1

Thomas Martin Lofts 2

Thomas Martin Lofts 3

Thomas Martin Lofts 4

Thomas Martin Lofts 5

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