Lawrence Place Condominium

125 B Street, South Boston, MA 02127

Affordable Resale in South Boston. 2 Bed / 2 Bath 100% AMI unit. 1 Household Maximum Income $115,800, 2 Household Maximum Income $132,400. Located in the historic Lawrence School in South Boston, this unit offers a spacious open floor plan design, exposed brick, and stainless steel appliances. Walking distance to Broadway station (Red Line), restaurants, coffee shops, boutiques & more.

FEATURES

-Prime location
-Close to downtown, beaches, shopping, and dining

NEIGHBORHOOD

Lawrence Place Condominium puts you squarely in South Boston. You’re moments from the waterfront and the energy of the Seaport District, while still holding onto South Boston's classic neighborhood rhythm: corner cafés, local gyms, and quick dog walks. West Broadway, the Seaport Harborwalk, beaches, and public transit are all within easy reach, making daily life efficient without feeling rushed. It’s a location that consistently offers what residents want: walkability, access, and a neighborhood that feels established.

JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY

Number of Bedrooms: 2

Number of Bedrooms: 2

Purchase Price: $545,000

Condominium Fee: $212.30

Maximum Income Limit: 100% AMI

1 Household: $115,800

2 Household: $132,400

Maximum Asset Limit: $100,000

There will be no open houses. There will only be private showings.  Please complete this form below if you would like to schedule a showing.

Boston Inclusionary Housing Income Limits for 2025

Household Size70% AMI80% AMI90% AMI100% AMI110% AMI120% AMI150% AMI
1 Person$81,060$92,640$104,220$115,800$127,380$138,960$173,700
2 Person $92,680$105,920$119,160$132,400$145,640$158,880$198,600
3 Person$104,230$119,120$134,010$148,900$163,790$178,680$223,350
4 Person$115,780$132,320$148,860$165,400$181,940$198,480$248,100
5 Person$125,090$142,960$160,830$178,700$196,570$214,440$268,050
6 Person$134,330$153,520$172,710$191,900$211,090$230,280$287,850

NEXT STEPS

The next step is to request a showing.

For more information, contact us:   (617) 837-3732   |   US Relay 711   |   marko@maloneypropeties.com
Free language assistance is available for those whose primary language is not English or have limited English proficiency. For more information or reasonable accommodations for persons with disabilities, please contact us.

FAQ / FREQUENTLY ASKED QUESTIONS

Income Questions:

How is my income calculated?
The household income is calculated based on the gross income of the household. Commissions, bonuses and other regular payments are included and considered part of the gross annual income.

I didn’t file taxes last year. What do I need to provide?
Individuals or households who did not file taxes must provide a verification of non-filing from the IRS in lieu of a tax return. To obtain the verification of non-filing, applicants should fill out a 4506-T form and file it by mail or hand-deliver it to an IRS office. The IRS will mail back a letter of verification which must be provided with the income materials given to the marketing agent. See the IRS website to download a 4506-T form.

I received a pay raise between the time I picked up an application and the time I was income certified and now I am over the income limit. What do I do?
Income is calculated at the time the applicant submits an application to the lottery agent, not during the application process or at the time of the lottery. Eligibility must be maintained from the time of the application pick up until after income certification verification. Unfortunately, if an applicant’s income is over the income limit, the applicant will not be eligible for the particular unit for which they applied.

I have children in school/college, how does this affect my application?
Income from children in school/college under the age of 18 is not considered towards the income of the household.

Are student loans considered income?
Student loans are not considered income and may not be used to income qualify.

I am separated from my spouse, does this affect my application?
Legally married couples shall both be considered part of the household, even if separated. Applicants with additional questions regarding this policy must speak with the marketing agent/seller.

I would like to appeal a decision regarding income eligibility. How do I appeal? Applicants who are rejected will receive a rejection letter in writing and will be given 7 days for the opportunity to appeal the decision.

Condominium Fee: $194

Square Feet: 916

Taxes: 2026 Gross Tax: $6,976.24 (After residential exemption application: $2,636.33)

What is the pet policy? Pets allowed with restrictions

Parking / storage: No parking/No Storage with unit

HOA fee includes: Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Management Fee

Washer & Dryer: Included with sale

What utilities are you responsible for? Electric, Gas

Sale exclusions:

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