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Cabbagetown Loft Again Begs the Question: Buy or Rent?

Here now, From Curbed Marketplace, highlighting an intriguing real estate listing from the many thousands of properties found in the Curbed Marketplace. Browsing the Marketplace and spot a property worthy of being featured? Send it to the tipline.

Named for the ventilation features of a former textile mill, the Stacks at Fulton Cotton Mill are a beacon for the cluster of neighborhoods that fan out just east of downtown near the Oakland Cemetery. Proximity to Cabbagetown, Grant Park, Inman Park and the Old 4th Ward comes with the true industrial loft living offered by the Stacks. 25-foot ceilings, massive windows and vintage wood compliment an upgraded kitchen in this particular unit, which boasts two full bedrooms and bathrooms. The list price of $179,900 is an indicator that in-town condominium inventories remain robust. But with FHA financing approved for this development, folks willing to wade into condominium ownership are looking at owning a really nice loft for less than they could rent an apartment with a lot less character.

· 170 Boulevard SE, Apartment E 121 [Zillow]