309 Allston St. Unit 11
309 Allston St., Income Restricted Condo Resale, located in the heart of Brighton. The luxury condominium building features open floor layout, modern kitchen, granite counters, and stainless-steel appliances, and a large open living room with bow windows. Conveniently located near MBTA lines as well as many restaurants and local shops.
FEATURES
Hardwood Floors
Spacious Closets
Modern Kitchen/Bath
Laundry Facilities
NEIGHBORHOOD
Situated about five miles west of Downtown Boston, Commonwealth boasts a vibrant atmosphere with charming brick buildings, local shops, delectable restaurants, numerous entertainment options, lush parks and playgrounds, and a diverse population. Commonwealth is convenient to several renowned attractions, including the John Fitzgerald Kennedy National Historic Site, Coolidge Corner Theatre, Brookline Booksmith, and Brighton Music Hall.
Commonwealth residents also enjoy quick access to Boston College, making the area especially popular among the institution’s students, faculty, and staff. A host of T stops strewn along Commonwealth Avenue provide easy commutes and travels to Greater Boston as well as convenience to an array of metropolitan amenities.
JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY
Number of Bedrooms: 1
Purchase Price: $205,900
DND Maximum Income Limit: 80% AMI
Minimum Household Income: $60,944.40
1 Household – $70,750 2 Household – $80,850 3 Household – $90,950
Maximum Asset Limit: $100,000
Includes retirement and real estate.
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
If you have questions about this property, please contact: Marko Zaric mzaric@maloneyproperties.com or 617-906-8660
NEXT STEPS
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: $450.77 per month
Square Feet: 556 SF
Taxes: 2021 Gross Tax $3,522.17
If you have questions about Marko Zaric mzaric@maloneyproperties.com or 617-906-8660
Email: mzaric@maloneyproperties.com