113 Sumner St #42, East Boston, MA 02128

Description

EAST BOSTON WATERFRONT CONDO — BPDA INCOME-RESTRICTED! City of Boston Inclusionary Development Unit in the heart of East Boston's vibrant waterfront district. This 2 bedroom / 1 bath condo on the 3rd floor of Portside at Pier One offers 785 sq ft of bright, comfortable living with views overlooking Boston Harbor. The 30-unit professionally managed elevator building features central air conditioning, and the unit includes an in-unit washer/dryer for everyday convenience. LOCATION IS EVERYTHING: steps to the Maverick Blue Line for a quick ride into downtown Boston, minutes to Logan International Airport, the Boston Harborwalk, and Piers Park with breathtaking skyline views. Explore the restaurants, cafes, and shops of Maverick Square and Meridian Street, or head across the harbor to the Seaport District. Revere Beach and East Boston Memorial Park are also close by. SALE IS SUBJECT TO BPDA APPROVAL OF BUYER ELIGIBILITY: maximum household income is $120,000 (1-person), $137,200 (2-person), $154,300 (3-person), $171,400 (4-person) — ask for limits for larger households. Maximum household assets $100,000, excluding retirement accounts. Buyer must obtain mortgage financing and the unit must be the buyer's primary residence. Buyers complete an affidavit and must 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 used.