475,000

City of Boston Inclusionary Development Unit / BPDA Income Restricted South Boston 3 bedroom / 1.5 bath condo. Must be 2 plus house hold members. Building is a 44 unit professionally managed elevator building, central AC, and close access to the Broadway Red Line stop. Condo has in unit washer/dryer. Sale is subject to BPDA / MOH approval of buyer eligibility (2 member household must make between $137,200 - $164,640, 3 member HH must make between $154,300 - $185,160, 4 member HH between $171,400 - $205,680, 5 member HH between $185,200 - $222,240, and 6 member HH between $198,900 - $238,680). Ask for income limits for larger households. Buyers must have under $100,000 in liquid assets (excluding most retirement and education accounts) and obtain mortgage financing. The unit must be the buyer's primary residence. Buyers must complete an affidavit and be approved by the BPDA. BPDA requires buyers to contribute at least 1.5% of the purchase price from their own savings unless a VA loan is being used.