955-1 Tremont St #1 Boston, MA 02120

Listing details for 955-1 Tremont St #1, Boston, MA 02120 : Mayor's Office of Housing (MOH) Income-Restricted Resale Condo for HIGH-MODERATE income households 120-175% AMI. on Roxbury Crossing/South End border. This meticulously maintained 2 bed, 1.5 bathroom townhome features a beautiful kitchen updated in 2019 w/ marble countertops, a tiled backsplash & soft-close cabinets. Both bathrooms were remodeled in 2021. Enjoy central A/C, designated parking & private outdoor space. This condo is subject to MOH approval of the buyer's eligibility application. To purchase, a 1-person household (HH) must earn between $144,000-$210,000, a 2-person HH between $164,550-240,013, a 3-person HH between $185,100-$270,025, a 4-person HH between 205,650-299,950. Buyer(s) must obtain a 30-year fixed-rate mortgage conforming to Fannie Mae guidelines, with a Loan-to-Value (LTV) ratio less than or equal to 97% of the maximum resale price. Buyer(s) must also have less than $100,000 in countable assets (excluding many retirement, health & education savings accounts). Eligible buyer(s) must be first-time homebuyers, or have not owned property within the past 3 years. NO RESTRICTIONS ON MAXIMUM PRICE WHEN BUYER SELLS THE UNIT IN THE FUTURE! Buyer should have a valid pre-approval prior to requesting a showing.