$537,592
1
Bed
1/1
Bath
876
Living Area
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Property Description
City of Boston Inclusionary Development Unit / (BPDA) Income-Restricted Brighton 1-bedroom, 1 and a half-bath condo on the 4th floor at the Penny Savings Bank Condominiums. Professionally managed 25-unit elevator building. Condo includes: stainless steel appliances, washer/dryer, walk-in closet in the bedroom, view of Back Bay, pet-friendly, and central AC. Enjoy this ideal location with a coffee shop and restaurants close by. Subject to BPDA approval of the buyer’s eligibility (1-member household income up to $114,300; 2-mh up to $130,600; 3-mh up to $146,900). Ask for income limits for larger households. Buyers must have under $100,000 in liquid assets (excluding most retirement and education accounts) and must obtain mortgage financing. The unit must be used as the buyer’s primary residence. Buyers must complete an affidavit and be approved by the BPDA. The BPDA requires buyers to contribute at least 1.5% of the purchase price from their own savings. First Showing At Open House.
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Highlights
- Area: South End
- Cooling: Central Air
- HOA Fee: $242
- Property Type: Condominium
- Total Rooms: 3
- Year Built: 2006
- Building Name: Penny Savings Bank Condominiums
- Heating: Forced Air
- Property Class: Residential
- Stories: 1
- Unit Number: 406
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer
- Pets Allowed: Yes
- Total Number of Units: 25
- Year Built Source: Public Records
- Basement: N
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: n/a
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Highway Access, House of Worship, University
- Security Features: Intercom
- Parking Features: On Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $487,600
- Compensation Based On: Net Sale Price
- HOA Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Snow Removal, Trash, Reserve Funds
- Taxes: $1,667
- Buyer Agent Compensation: 1%
- HOA Fee Frequency: Monthly
- Tax Year: 2025
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