Price Reductions Along Shawmut Ave

Asking prices in the South End topped $2 million in recent years, but near Shawmut Avenue three homes managed to stay under $400K. Amazingly, one hovered just above $300K. When I first received the price updates last week, I assumed it was a typo, but the asking price is still listed at $313K, and no one made any effort to correct it.

Current owners first listed 411 Shawmut Avenue for $479K, but chopped off a whopping $166,000 over the last six months. I don’t really know what the story is, but I’d love to find out. Whoever buys it will be getting quite a bit of space: 1116 square feet. While $280/SQ.FT may not seem like the deal of the century, it’s definitely a South End bargain.

411 Shawmut Avenue, #1
Beds: 1/Baths: 1.5
SQ.FT: 1,116
$/SQ.FT: 280
$313,000

247 Shawmut Avenue, #3
Beds: 1Baths: 1
SQ.FT: 434
$/SQ.FT: 827
$359,000

48 Worcester Street, #4
Beds: 1/Baths: 1
SQ.FT: 695
$/SQ.FT: 545
$379,000

OT: John Keith at Boston Real Estate Blog mentioned a rumor that Whole Foods set its eyes on a new store for Harrison Avenue.

Header photo: South End Buttery on Shawmut Avenue. As the name implies, pastry chefs prepare everything with loads of butter; therefore, everything is fabulous.

Correction: 411 Shawmut Avenue was re-adjusted for $434,900: not quite the bargain it was at $313,000.

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