Property Description

City of Boston Inclusionary Development Unit / BPDA Income-restricted Charlestown 2-bedroom, 2-bath condo on the 3rd floor at the Nautica Leasehold Condominium. Professionally managed 117-unit, elevator building. Features include washer/dryer, central AC, garage parking, storage, and ButterflyMX intercom system. Subject to BPDA approval of buyer eligibility (1-member household HH income up to $185,280; 2-member HH income up to $211,840; 3-member HH up to $238,240 & 4-member HH up to $264,640). Ask for income limits for larger households. Buyers must have under $100,000 in liquid assets (excluding most retirement and education accounts) and obtain mortgage financing. The unit must be the buyer’s primary residence. Buyers must complete an affidavit and 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. First showings at Open Houses on Sat. June 6th 12:00pm-1:30pm & Sunday, June 7th 3:30pm-4:30pm.