404 WEST FIRST STUNIT 23 | SOUTH BOSTON

TWO-BEDROOM | ONE BATHROOM | 907 SF

$403,891

Expansive two-bedroom South Boston condo with one (1) deeded off street parking space. The unit consists of over 900 sqft of open floor plan featuring a living room, dining area, and kitchen. Features also include laminate flooring, stainless steel appliances, and in-unit washer and dryer. Conveniently located in the middle of South Boston, the property is walking distance to restaurants including Publico, Lincoln, Stats, Loco and Capo, the MBTA Broadway Red Line station and MBTA bus stops, as well as Boston’s Seaport district.

This sale is subject to the Boston Planning and Development Agency’s (BPDA) approval of buyer’s eligibility, which include income restrictions. The buyer’s household must contain at least 2 persons and the household income falls at or below 120% Area Median Income (AMI). The income limits are as follows:

Buyer CAN NOT be a one-person household buyer. Buyers must use this condo as their primary residence. Buyers must have under $100,000 in liquid assets (not including most retirement accounts and education savings) and must obtain mortgage financing. After purchase, owners are not subject to future income restrictions. Private showings available upon request.

Contact: Stephen Stewart508-843-7301 | 404West1stUnit23@gmail.com

HH SIZE HH INCOME RANGE MAXIMUM HH ASSETS*

234

$90,650 - $108,800$102,000 - $122,400$113,300 - $135,950

$100,000$100,000$100,000

*EXCLUDING RETIREMENT

Pre-QualificationFormfor404West1stStreet,SouthBoston,MA02127.

Thisisaprescreeningquestionnaire,notanapplicationforhomeownership.Thisformcanbeemailedto404West1stUnit23@gmail.comormailedtotheaddressabove.

DONOTemailconfidentialorsensitiveinformationsuchasaccountnumbersorsocialsecuritynumbers.

Name(first,middleinitial,last):________________________________________________________

Name(first,middleinitial,last):________________________________________________________

Mailingaddress:______________________________________________City_______________________________State_____Zip__________

Emailaddress:___________________________________Cellphone:____________________________

1. Isyourhouseholdincomelessthanthemaximumincomelimitsallowed?Yes____No____

MaximumGrossincomelimits(adjustedforhouseholdsize):

HouseholdSize HouseholdIncomeRange MaximumHouseholdAssets

2 $90,650-$108,000 $100,000(excludingretirement)3 $102,000-$122,400 $100,000(excludingretirement)4 $113,300-$135,950 $100,000(excludingretirement)

2. Includingyourself,pleaseprovidethenames,ageandgenderofallwhowillbelivinginthehome.Listgrosswages(beforetaxes&deductions)ofallwageearners.

Name Age Gender GrossIncome

2. Doyouhaveapre-approvalfromaLenderYes____No____.Ifyes,isyourLenderawarethat

thishomewillhaveaDeedRestriction?Yes____No____

Pleaseprovideacopyofthefollowingwiththissignedform:

1.30daysofpaystubsforallwageearnerslivinginthehome.2.2019W2’sor1099sforallwageearnerslivinginthehome.3.2019FederalTaxreturnforallwageearnerslivinginthehome.4.Pre-approvalletterfromLender.Pleaseremove/whiteoutallsocialsecuritynumbersfromanydocumentsbeingsubmitted.

Bymysignature,Iaffirmthattheinformationonthisformistrueandcorrect.Iunderstandthatprovidingfalseinformationcouldcausemetobedisqualifiedfromtheopportunity.

Signature:_________________________________________Date_____/______/_____

Signature:__________________________________________Date_____/______/______