881 East Second St. (Under Agreement)
BPDA Income Restricted Condo Resale located in South Boston, was built in 2015 and consists of 2 bedrooms. The unit features hardwood floors throughout, with crown molding. The kitchen has modern finishes that include stainless steel appliances, quartzite countertop and food disposal. Other features include a walk in closet, marble tile in shower and marble counter in bathroom and built in speakers in the living room. The outdoor consists of a private patio with fence and gas hook up for a grill. All of this is located in the heart of Southie.
In Unit Washer & Dryer Hook Up
Private Patio with fence and gas hookup for grill
Full hardwood floors throughout
Video intercom and door lock
Nest hvac system; connects to wifi and app use for control
In wall speakers in living room
Stainless Steel appliances
Marble tile in shower and marble counter in bathroom
High efficiency instant water heater
South Boston is a densely populated neighborhood of Boston, Massachusetts, located south and east of the Fort Point Channel and abutting Dorchester Bay. South Boston, colloquially known as ‘Southie” by locals. South Boston, is one of the area’s oldest and most storied neighborhoods. A strong sense of tradition lives on here: locals remain intensely devoted to Boston sports teams and celebrate holidays with ornate parades and displays of pride. Long stretches of beaches and a historical waterfront park along Dorchester Bay make South Boston attractive to nature-lovers, long distance runners, and families alike. Living in South Boston gives residents the feeling of what it truly means to be from Boston. There is so much to love about the Southie neighborhood. From watching your favorite sports team at a local pub with passion and loyalty to a quick commute to the downtown area. Local residents also love taking strolls down William Day Boulevard and taking in the view at the South Boston shoreline. This urban neighborhood is known for its strong traditions, history, and sense of community. Residents love being close to downtown Boston with tons of nearby amenities. The neighborhood’s unique accessibility to the airport, ocean, downtown, and major highways give it an easy appeal, but there’s also plenty happening to keep you in the neighborhood too.
JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY
Number of Bedrooms: 2 Bedroom
Purchase Price: $323,379
BPDA Maximum Income Limit: 80% – 100% AMI
1 Household – $83,120 – $103,900
2 Household – $95,040 – $118,800
3 Household – $106,880 – $133,600
4 Household – $118,720 – $148,400
Maximum Asset Limit: $100,000 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
BPDA Income Limits for 2023
|Household Size||70% AMI||80% AMI||90% AMI||100% AMI||110% AMI||120% AMI||150% AMI|
Let us know you’re interested! Our team will respond quickly to provide more information and schedule a showing.
FAQ / FREQUENTLY ASKED 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: $109.04 per month
Square Feet: 841 SF
Taxes: 2023 Gross Tax $3,271
What is the pet policy? Pets allowed with restrictions
Is there parking or storage with the unit? No parking or storage
HOA fee include – Common space utilities are included not for Unit
What utilities are you responsible for ? Unit owners pay all Unit electrical, gas, internet/cable/phone, water (this is metered and management provides readings for payment a few times a year)
Washer & Dryer: Gas hook up in closer of unit ( stacked washer and dryer only fits)
Sale exclusions: Stacked Washer and Dryer, Ceiling fan in the master bedroom, Medicine cabinet in bathroom, Gas grill outside and all other decorative shelving/hooks and mounted TV
*Disclosure: If you are working with an agent, your agent must accompany you for all showing and reach out on your behalf for information.
If you have questions about this property, please contact us.