1245 Adams Street, Unit B104
Affordable resale unit at Baker Square Condominium. 1 HH Max Income $91,440, 2 HH Max Income $104,480. Max asset limit $75,000. This unit seamlessly blends modern living with historic charm, having transformed the site of America’s first chocolate factory into 175 residences. These condominiums feature high ceilings and abundant natural light. Amenities include beautiful, newer patio w/grills & resort seating area overlooking the River, indoor heated lap pool & jacuzzi, sauna, upgraded fitness center, club room, bike storage, and dog park. Convenient locale, steps away from the Red line, footbridge to Neponset River bike trail to Pope John Paul II Park, and the vibrant Lower Mills shops & restaurant district
FEATURES
NEIGHBORHOOD
Located in the heart of Dorchester’s Adams Village, 1241-1251 Adams Street is surrounded by a thriving neighborhood that blends urban convenience with a welcoming community feel. Adams Village is known for its walkability and proximity to local favorites offering delicious food and a friendly atmosphere. The area is also home to Dorchester Park, a beautiful green space featuring wooded walking trails, tennis courts, and a baseball field, perfect for outdoor activities and community events. With easy access to Interstate 93 and public transportation, commuting to downtown Boston or exploring other parts of the city is a breeze. The neighborhood’s mix of historic charm, local eateries, and recreational opportunities makes it an ideal location for those seeking a balance of city living and suburban tranquility.
JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY
Number of Bedrooms: 1
Purchase Price: $260,735
Condominium Fee: $612.90
Maximum Income Limit:
1 Household: $91,440
2 Household: $104,480
Maximum Asset Limit:$75,000 excluding 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 2024
| Household Size | 70% AMI | 80% AMI | 90% AMI | 100% AMI | 110% AMI | 120% AMI | 150% AMI |
|---|---|---|---|---|---|---|---|
| 1 Person | $80,010 | $91,440 | $102,870 | $114,300 | $125,730 | $137,160 | $171,450 |
| 2 Person | $91,420 | $104,480 | $117,540 | $130,600 | $143,600 | $156,720 | $195,900 |
| 3 Person | $102,830 | $117,520 | $132,210 | $146,900 | $161,590 | $168,940 | $220,350 |
| 4 Person | $114,240 | $130,560 | $146,880 | $163,200 | $179,520 | $187,680 | $244,800 |
| 5 Person | $123,410 | $141,040 | $158,670 | $176,300 | $193,930 | $202,750 | $264,450 |
| 6 Person | $132,580 | $151,520 | $170,460 | $189,400 | $208,340 | $217,810 | $284,100 |
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: $612.90
Square Feet: 919
Taxes: 2025 Gross Tax $1,348.49
What is the pet policy? Allowed with restrictions
Parking / storage: 1 Parking space / No Storage
HOA fee includes: Condominium fees cover the shared expenses of our community, and include: Pool, gym, building operation and maintenance, landscaping, snow removal, maintenance of common areas, night watchman, common area utilities, master insurance policy, flood insurance, on-site staff, the Management Company, and contributions to the reserve account for capital expenditures
Washer & Dryer: Included with sale
What utilities are you responsible for? Electric
Sale exclusions: None
If you have questions about this property, please contact us.