700 Harrison Ave UNIT 213, Boston MA, 02118 (Residential)
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Last Updated: 2/21/2019 3:19 AM
Description for
700 Harrison Ave UNIT 213
Boston, MA 02118
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.
Price
Sold Price:
Sold Date:12/05/2018
Suffolk
1
1 Full
754 (approx)
72385107
Closed
Description
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.
Listing Information
Neighborhood
Room Information
Interior Features
3
Financial Considerations
Listing Price History
 Boston Real EstateBoston is located in Massachusetts. Boston, Massachusetts 02118 has a population of 667,137. The median household income in Boston, Massachusetts 02118 is $54,485. The median household income for the surrounding county is $54,169 compared to the national median of $53,482. The median age of people living in Boston 02118 is 31.3 years.
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Courtesy: Keller Williams Realty
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