257 North Hampton St.- Artist Unit

257 North Hampton St.

257 North Hampton, BRA/BPDA Artist certified condo resale. A highly desirable building in the South End on the edge of Back Bay and the Fenway. 1 bedroom loft style open concept with 2 floors- 1st floor includes work space and storage area, and 2nd floor includes living area, and bedroom with hard wood floors throughout entire 2nd floor. The building features an enormous roof deck with gas grills and amazing views of the city. Just two blocks to public transportation.

FEATURES

Roof top deck
City views
Close to public transportation
in unit washer and dryer

https://www.maloneyaffordable.com/wp-content/uploads/2022/07/257-North-Hampton-St.-Rooftop-deck.jpg

NEIGHBORHOOD

There's much to love about Boston's South End -- the elegant, curvy brownstones along Tremont Street, the fantastic shops, restaurants, and Victorian beauty of Columbus Avenue, and the oddly sophisticated yet collegiate feel of Harrison Avenue combine to create a tapestry of a neighborhood that offers something to everyone. This walkable, tree-filled neighborhood offers several parks, the Boston University School of Medicine, some of the best restaurants in Boston, and easy access to Northeastern University.

By living in South End Boston, you'll enjoy walking along brick-paved sidewalks past historic buildings housing everything from trendy boutiques to art galleries to the city's hottest cafes. You'll spend afternoons at Southwest Corridor Park, Blackstone Square, and beautiful Franklin Square. South End is popular with artists, and you'll discover a variety of terrific galleries to explore, especially along Harrison Avenue.

JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY

Number of Bedrooms: 1 bedroom- Artist Certified 

Purchase Price: $338,226

Condominium Fee: $396.96 per month

Special Assessment: A special assessment is expected in 2023. Please inquire for more details.

BPDA Maximum Income Limit: 80% AMI

1 Household – $78,550 2 Household – $89,750

Maximum Asset Limit: $75,000
Does not include retirement

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

NEXT STEPS

The next step is to request an application.

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: $396.96 per month

Special Assessment: A special assessment is expected in 2023. Please inquire for more details.

Square Feet:  1,060 SF

Taxes: 2022 Gross Tax $3,093.18

What is the pet policy? Pets allowed with restrictions

Is there parking or storage with the unit? If so, what are the parking / storage #? No parking or storage included

Exclusions from Sale: Chandelier in downstairs bedroom, sconces in upstairs office/closet excluded

 

If you have questions about this property, please contact us at (617) 778-2470

Tel: (617) 778-2470 – US Relay 711
Email: info@maloneyrealestate.com