Welcome to Condo #2R at 1 Wyman Street, part of a newly formed, affordable, mixed-use condo association created by the Main South CDC! This is a two-bedroom, newly remodeled condo conveniently located right off Main Street, within easy walking distance of Clark University, a variety of Main South businesses, University Park, and several schools. The building and all the units have been renovated within the last year. Each unit has refinished hardwood floors, repainted walls, and a completely remodeled kitchen, complete with sleek stainless-steel appliances, custom wooden cabinets, and beautiful Corian/quartz-composite countertops. Improvements on the building include a new roof, new boilers, recarpeted hallways, and repainted exterior and interior walls. This condo is on the second floor and includes two bedrooms, a fully renovated kitchen, a bright living room with bay windows, and a bathroom with a spacious storage closet and a washer/dryer hookup. The condo association you will be part of is comprised of 6 two-bedroom residential units at 1 Wyman Street and two commercial units for established Main South small businesses at 927 Main Street, which shares an adjoining wall with the left-hand units). This unit is being offered at $180,000—discounted from market value by over $60,000! This opportunity is designed for first-time homebuyers who might be priced out by the traditional market, NOT for those looking for an investment property. As such, the affordability is accompanied by certain conditions, including: 1) A ten-year restriction on the resale price 2) Income restrictions on four of the six residential condos (2 are reserved for households earning below 80% of the area median income, 2 for those at or below 100% AMI, and two unrestricted). The restrictions are not tied to certain units; rather, the spots to buy a unit if you are above 100% AMI are first-come, first-serve. 3) A requirement in perpetuity that the units be continuously owner-occupied. If you are interested in this unit, please reach out using the contact form. We will send you an intake form, and once we receive that back, we can schedule a tour.
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