FP 3 Lofts

346 Congress St. Unit 303

FP3 is one of Boston's most desirable, Loft-Style condo developments in Boston. Perfectly located on Congress Street, in the quickly growing and extremely hot Fort Point/Seaport District. These loft-style homes feature soaring ceilings, fully renovated interiors and many of the units have breathtaking views of the Boston Skyline. The building offers professional on-site management from the Brigs Management company who keep the common areas of the complex in impeccable condition. The building amenities include concierge and a common roof deck with a gas grill.

This ideal location is steps to many of the city’s best restaurants including Sportello, Menton, Drink, Bastille Kitchen and Blue Dragon. The bustling Seaport is also steps away from FP3 which also features some of the city’s top restaurants and nightlife. South Station and the Financial District are also within short walking distance which provides easy access to the Red Line, Silver Line and Commuter Rail.

FEATURES

Common Roof Deck
Elevator
24/7 Concierge
Art Gallery in lobby for viewing
Laundry in building

https://www.maloneyaffordable.com/wp-content/uploads/2022/09/FP3-rooftop-e1662645716416.jpg

NEIGHBORHOOD

Boston's hottest neighborhood may surprise you -- it's Seaport! Once an industrial area of 100-year-old warehouses and parking lots, Seaport has transformed into Boston's trendiest neighborhood. With its fantastic harbor views and proximity to Downtown Boston -- less than a mile northwest -- this is downtown without the downtown price tag. Seaport is home to some of Boston's best restaurants, like Rosa Mexicano and Strega Waterfront. Harbor Way provides a place to enjoy a sunny day and perhaps hop aboard the Spirit of Boston for a lunch or dinner cruise around Boston Harbor.

Seaport is home to artists, entrepreneurs, and musicians. It has a strong sense of community and pride. It is also close to everything -- Boston Logan International Airport is across the harbor, M Street Beach is on the south end, and the historic Fort Point, the University of Massachusetts Boston, Boston Common, and Faneuil Hall Marketplace are all close by.

JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY

Number of Bedrooms: Studio

Purchase Price: $266,463

Condominium Fee: $284 per month

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: $284 per month

Square Feet:  651 SF

Taxes: 2022 Gross Tax $3,006.14

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

 

 

If you have questions about this property, please contact us.

Tel: 781-980-0956 – US Relay 711
Email: jnagle@maloneyrealestate.com