3 38 Spence STREET This well located one bedroom condo features bright, sunny south exposure with plenty of natural light in both the living room and bedroom, along with a nicely sized kitchen. Situated in the desirable South End, the property is within walking distance of a wide range of amenities, including schools, shopping, grocery stores, entertainment, and public transit. The current owner paid 124, 000 in 2009, demonstrating long term value potential. Similar units in the area rent for approximately $1, 000 per month, making this a strong investment opportunity. With an estimated mortgage payment of $400 per month on an approximate $80, 000 mortgage, there is excellent potential for positive cash flow. Great opportunity for an investor or University student. (id:203)