340 6th St #301
This unit is asking far less than comparable sales — and its own listing says why: it is a live/work loft, measured against ordinary residential condos. A gap that size is largely the property type, not equity you would own, so we do not publish a market score for it. Check the permitted use and what a lender will do with it before treating the discount as a bargain.
💵What this unit actually costs per month
26% of that payment is not the mortgage. The HOA fee alone is $45,060 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $6,328.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($47,400). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-10-08 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($751 in 2026), not enough for a trend yet. The listing shows $751/mo today. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.
🏢 Get this building's free HOA report →✅ Positives
- 34% below model fair value
- Upper floor (fl 3)
- Low HOA (1%/yr)
⚠️ Cons
- HOA $751/mo
- Photos look dim — verify light in person
🚩 Red flags
- Live/work loft — workspace-heavy sqft and a thinner buyer pool inflate the apparent discount vs regular condo comps
Photos
Price history (this unit)
- Jun 12, 2025 — Rental Removed $4,500
- May 29, 2025 — Price Changed $4,500
- May 17, 2025 — Listed for Rent $5,200
- Dec 16, 2024 — Rental Removed $4,300
- Jun 26, 2024 — Listed for Rent $4,300
- Dec 30, 2002 — Sold (Public Records) $515,000
Description
Expansive Three-Level Live/Work Loft with Downtown Views Dramatic architecture, soaring ceilings, and a versatile three-level layout define this distinctive live/work loft. The main level features an expansive open-concept living and dining area with hardwood floors and oversized windows framing downtown skyline views. The sleek eat-in kitchen is appointed with stainless steel appliances, a gas range, and ample cabinetry, creating an inviting and functional setting for everyday living and entertaining. Overlooking the main living area, the upper-level loft bedroom includes a closet, with an in-unit washer and dryer nearby for added convenience. The lower level offers added privacy and…