993 Tremont St
Boston
MA
02120
Neighborhood/Town:
South End
Beds:
1
Baths:
1
Price:
$243,937
Property Description:
Department of Neighborhood Development (DND) Income Restricted resale condo. 1 bedroom condo on the second floor includes: new tankless water heater, in-unit new washer dryer, central AC, professionally managed condo association & parking space. Near the 43 Bus, and Orange & Silver Lines! To purchase the condo a 1 member household must make under $63,500, 2 household members(HM) must make under $72,500, 3 HM must make under $81,600 & 4 HM must make under $90,650. Please ask for income limits for larger households. Buyer(s) must have under $100,000 in liquid assets (please ask for specifics). Only up to $50,000 can be a gift. The asset limit does not include many kinds of retirement money and education savings. Buyer(s) must complete Home Buyer 101 prior to purchase. 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 of less than or equal to 97%. First showings at Open House on Saturday.
Total Rooms:
4