Real estate auctions, or auction style listings, have become more prominent in Boston over the past year. Auctions do not yet represent a mainstream commonplace sales method in the city, but it has proved to be an innovative way to expose a property to the market and let the market determine its value.
In June 2008, there was a South End condo on Warren Avenue that underwent a sealed bid condo auction, and there is now another South End condo auction opportunity. Sealed bids are being taken on 67 Rutland Street Unit 3 until this Friday, October 3, 2008. Unit 3 is a 1+ bedroom 1 bathroom floor-through with approximately 654 square feet of living space. With a minimum bid price of $275,000, unit 3 represents the least expensive one-bedroom unit in the South End. More information about the unit (as well as the other units available for sale in the building) can be found at our 67 Rutland Street webpage.
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Tim Ryan 
