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Boston offers 14 income-restricted condos on Harvard Street starting at $180,800

Studio, one- and three-bedroom condos at 77 and 94 Harvard Street are being sold first-come, first-served to first-time buyers who meet income limits, the city said.

The City of Boston is selling 14 income-restricted condos at 77 and 94 Harvard Street on a first-come, first-served basis, the city's housing office said.

The units are studios, one-bedrooms and three-bedrooms. Three are built to Americans with Disabilities Act standards: one one-bedroom designed for people with sensory disabilities and two accessible three-bedrooms, according to the city.

Studios, which range from 426 to 565 square feet, are priced at $180,800. The one-bedroom, at 626 square feet, is priced at $241,977. Some three-bedrooms sell for $327,633 and others for $378,000, the city said.

The lower-priced units are set aside for households at 80% of the area median income, and the $378,000 three-bedrooms for households at 100%. For the 100% units, the city said, annual household income may not exceed $120,000 for one person, $137,150 for two, $154,300 for three, $171,400 for four, $185,150 for five or $198,850 for six. The limits are based on federal Department of Housing and Urban Development data. Asset limits also apply.

Buyers must be first-time homebuyers and must complete an approved homebuyer education course before closing. The condos are deed-restricted, owners must live in them, and monthly condo fees apply. The city said it will give preference to households with one person per bedroom.

The units include in-unit washers and dryers, hardwood floors and central air conditioning, along with a shared fenced backyard. Some have their own porch access, and 77 Harvard Street has an elevator. The buildings are near Franklin Park and the Fairmount commuter rail line, the city said.

Interested buyers can submit an expression-of-interest form to the city.

This brief was drafted by AI from a public agency or political press release and published by The New England Signal. Why we use AI for stories like this one.

Massachusetts