Great opportunity to own an affordable pristine 1-bedroom condo in South End! The unit has been updated with hardwood floor, recessed light, and upscale kitchen with granite countertop, breakfast bar, and stainless steel appliances with open living concept and large windows. This is a Department of Neighborhood Development (DND) resale. Buyer must meet all qualifying requirements in order to be able to purchase it. Under the terms of the Covenants, the annual household income should be less than or equal to 110% Area Median Income (AMI). 1-person income limit is $127,400; 2-persons income limit is $145,550; 3-persons income limit is $163,800. The prospective buyer should obtain a 30-years fixed rate mortgage loan. Follow the Fannie Mae guidelines with a Loan to Value (LTV) ratio not exceeding 97% of the maximum resale price calculated. And you need to obtain a 1st-time homebuyer certificate and have less than $100.000 assets.
Property Features
House Interior
High Speed Internet
Elevator
Recessed Lighting
Cooling Information
Central Air
Heating Information
Forced Air
Water Features
Public
Listing Courtesy: Keller Williams Realty - 978-475-2111