BURNS & EGAN REALTY GROUP, LLC HOMES FOR SALE BILLERICA, MA REAL ESTATE BILLERICA


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Common-interest housing includes individually owned spaces and common areas shared by all owners. The common areas can include clubhouses, landscaping, parking lots or pools. Multistory buildings share lobbies, stairwells, and elevators. Any community that shares property including single-family free-standing homes in developments, falls into the common-interest category. 

The two most familiar types of common-interest housing terms are condominiums (or condos) and townhomes (or townhouses). Although both belong in the category of common-interest housing, condos and townhouses may mean different things depending on regional or legal definitions.

The Difference

A condo is a shared building or group of buildings and common spaces in which housing units are owned individually. This could be a single unit within a tower building or a conjoined home having its own ground floor with exterior entry. Other homes in the condominium category include single-family cottages or even modular homes inside planned communities. When you purchase a condo, you own the unit itself while you are a co-owner of the common areas.

A townhome is a style of house that is connected to another structure on at least one side. It may be solely owned by an individual as part of a CID, part of a multi-family apartment dwelling, or individually owned without property in common. A true townhome is built with independent sidewalls that stand alone even if they touch the walls of another townhome. When you purchase a townhouse, you own the unit itself and whatever yard area is affiliated with it as you would with a detached single-family house.

While condominium units might incorporate elements like private outdoor spaces, individual ground-floor entry options or design elements that resemble those of a townhome, it is ownership that truly defines them. 

Homeowners’ Association 

All CID properties have a homeowners’ association (HOA) of some sort. While some are mainly hands-off with regard to individual units, others have specific regulations regarding renting, remodeling, and exterior décor. 

If you are trying to decide between purchasing a condominium or a townhouse, have your agent explain the differences in common ownership between them, and make certain to factor in the HOA fees to your monthly budget.


This Condo in Medford, MA recently sold for $767,000. This Townhouse style home was sold by Office name - Burns & Egan Realty Group, LLC.


20B Edward Street, Medford, MA 02155

Condo

$799,900
Price
$767,000
Sale Price

6
Rooms
3
Beds
2/1
Full/Half Baths
Welcome Home! Bring your offers! This stunning new construction townhouse features quality construction throughout. From the upgraded cabinet packed kitchen, quartz countertops, open concept kitchen, dining and living area, gleaming 3.25” hardwood flooring, high end SS appliances, quartz counter tops, first floor office, central AC, 3 bedrooms, 2.5 baths, on-site parking for 2 cars, you won’t want to miss this opportunity to be in one of hottest new neighborhoods, South Medford. Located yards from Somerville & close to Assembly Row. A commuters dream to Downtown Boston, and major highways. Easy to show!

Similar Properties




20B Edward Street, Medford, MA 02155

Condo

$799,900
Price

6
Rooms
3
Beds
2/1
Full/Half Baths
Welcome Home! Bring your offers! This stunning new construction townhouse features quality construction throughout. From the upgraded cabinet packed kitchen, quartz countertops, open concept kitchen, dining and living area, gleaming 3.25” hardwood flooring, high end SS appliances, quartz counter tops, first floor office, central AC, 3 bedrooms, 2.5 baths, on-site parking for 2 cars, you won’t want to miss this opportunity to be in one of hottest new neighborhoods, South Medford. Located yards from Somerville & close to Assembly Row. A commuters dream to Downtown Boston, and major highways. Easy to show!
Open House
Sunday
January 17 at 12:00 PM to 1:30 PM
Cannot make the Open Houses?
Location: 20B Edward Street, Medford, MA 02155    Get Directions

Similar Properties



This Condo in Medford, MA recently sold for $767,000. This Townhouse style home was sold by Office name - Burns & Egan Realty Group, LLC.


20A Edward Street, Medford, MA 02155

Condo

$799,900
Price
$767,000
Sale Price

6
Rooms
3
Beds
2/1
Full/Half Baths
Welcome Home! Bring your offers! This stunning new construction townhouse features quality construction throughout. From the upgraded cabinet packed kitchen, quartz countertops, open concept kitchen, dining and living area, gleaming 3.25” hardwood flooring, high end SS appliances, quartz counter tops, first floor office, central AC, 3 bedrooms, 2.5 baths, on-site parking for 2 cars, you won’t want to miss this opportunity to be in one of hottest new neighborhoods, South Medford. Located yards from Somerville & close to Assembly Row. A commuters dream to Downtown Boston, and major highways. Easy to show!

Similar Properties




20B Edward Street, Medford, MA 02155

Condo

$799,900
Price

6
Rooms
3
Beds
2/1
Full/Half Baths
Welcome Home! Bring your offers! This stunning new construction townhouse features quality construction throughout. From the upgraded cabinet packed kitchen, quartz countertops, open concept kitchen, dining and living area, gleaming 3.25” hardwood flooring, high end SS appliances, quartz counter tops, first floor office, central AC, 3 bedrooms, 2.5 baths, on-site parking for 2 cars, you won’t want to miss this opportunity to be in one of hottest new neighborhoods, South Medford. Located yards from Somerville & close to Assembly Row. A commuters dream to Downtown Boston, and major highways. Easy to show!
Open House
Sunday
December 06 at 12:00 PM to 1:30 PM
Cannot make the Open Houses?
Location: 20B Edward Street, Medford, MA 02155    Get Directions

Similar Properties





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