42 E Springfield St
Boston
MA
02118
Neighborhood/Town:
South End
Beds:
1
Baths:
1
Price:
$313,100
Property Description:
Mayor's Office Of Housing (MOH Formerly DND) Income Restricted Resale Condo in the South End. This 1 bedroom condo on the 2nd floor includes: common washer / dryer access in a laundry room, hard wood floors, & close to many South End parks & restaurants. This condo is subject to MOH approval of buyer's eligibility application. To purchase the condo a 1 member household must make under $83,120 and 2 household members (HM) must make under $95,040. Please ask on larger household sizes. The prospective buyer(s) shall obtain a 30-year fixed rate mortgage loan conforming with the Fannie Mae guidelines with a Loan to Value (LTV) ratio of less than or equal to 97% and shall be a First Time Homebuyer. Buyer(s) must have under $100,000 in liquid assets. Only up to $50,000 can be a gift. The asset limit does not include many kinds of retirement money and education savings. First showings at Open Houses on: Friday June 17th 4:30-6:00pm, Sat. June 18th 2:30-4:00pm and Sunday June 19th 2:30-3:30pm.
Total Rooms:
3