Options in Lafayette Park range from the higher-priced Mies van der Rohe townhouses to the high rise co-ops in 1300 East Lafayette to more affordable, lesser known options throughout the park. In the past year, we’ve seen a few renovated places list for sale at Cherboneau Place, all listing under $100K. This newly remodeled co-op could be a great starter home for someone who wants to live close to downtown. It’s listing for $69,000.
The 700-square-foot co-op has one bedroom, one bath, new kitchen cabinets, new flooring (including carpeting), and new lighting. HOA fees are $461 per month, which include everything but electric (they cover water, heat, ground and mechanical maintenance, snow removal, common area cleanup, and taxes). Residents have gated parking here. The buildings are located close to the Dequindre Cut, Eastern Market, downtown, the Riverfront, and the expansive green space of Lafayette Park. It’s listed through James Tumey at Friedman Real Estate.