Great opportunity to own a young and affordable 1-bedroom unit in the heart of Boston! This is a Department of Neighborhood Development (DND) resale, and Buyer must meet all qualifying requirements in order to be able to purchase. This is a 2nd floor updated unit with hardwood flooring thruout, recessed lighting, and upscale kitchen with granite countertop, breakfast bar, and all stainless steel appliances. Open living concept, and large windows complement this unit. Under the terms of the Covenant the annual household income shall be less than or equal to 110% Area Median Income (AMI). 1-person income limit is $83,000; 2-person income limit is $94,850; 3-person income limit is $106,700. The prospective buyer shall obtain a 30-year fixed rate mortgage loan conforming with the Fannie Mae guidelines with a Loan to Value (LTV) ratio not exceeding 97% of the maximum resale price calculated. Needs to be 1st-time homebuyer, obtain homebuyer's certificate, and have less than $100,000 assets.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
