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Description
City of Boston Inclusionary Development Unit / BPDA Income-Restricted Dorchester 1-bedroom, 1.5-bath condo on the 3rd floor at Baker Square (1245 Adams Street). Professionally managed 175-unit elevator complex. Condo includes washer/dryer, bonus room, riverside patio common area, is pet-friendly, & comes with one parking space. Enjoy this ideal location with coffee shops and restaurants nearby. Subject to BPDA approval of buyer eligibility (1-person household (HH) income between $115,800-$138,960; 2-person HH between $132,400-$158,880; & 3-person household between $148,900 - $178,680). Ask for income limits for larger households. Buyers must have under $100,000 in liquid assets (excluding most retirement and education accounts) & obtain mortgage financing. The unit must be used as the buyer’s primary residence. Buyers must complete an affidavit & be approved by the BPDA. BPDA requires buyers to contribute at least 1.5% of the price from their own savings, unless a VA loan is being used
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