Minot Hall Condominium
Don't miss this stunning BPDA income restricted condo resale in the historic Minot Hall Condominiums in Boston’s South End! Income restrictions: $114,300 / 1 person household, $130,600 / 2 person HH. For larger households, please inquire. Buyer's total assets not to exceed $100,000. This does not include retirement accounts. This is a 100% AMI unit; must be owner occupied & cannot be rented. This spacious 1 BR / 1 BA features tons of natural light, hardwood floors, high ceilings, & a VERY low monthly condo fee! Modern kitchen w/gas range & granite counters. Awesome open concept living / dining w/recessed lighting has plenty of room to entertain & is perfect for working at home. Primary bedroom is well-sized & features a large closet & full bath sports a tiled tub/shower w/granite counter vanity. Central air, in-unit laundry hookups, storage closet in unit, professional management & common outdoor patio w/grill station! Pet friendly building as well! Monthly condo fee covers most utilities, (heat, hot water, gas, water, sewer). Prime location in South End w/plenty of shopping, restaurants, cafes, boutiques, universities & parks nearby. Great commuter location too, with train & bus stations both steps from the building!
FEATURES
Shared outdoor patio with grill station
Elevator building
NEIGHBORHOOD
The South End, a vibrant and historic neighborhood in Boston, is renowned for its architectural beauty, diverse community, and thriving arts scene. Its iconic Victorian brownstones line the streets, creating a picturesque cityscape. As a designated National Historic Landmark District, the South End preserves its rich history and architectural heritage. The neighborhood's diverse population contributes to its vibrant energy and cultural richness. With numerous art galleries, theaters, and performance spaces, the South End offers a diverse array of cultural experiences. Foodies will delight in the neighborhood's diverse dining scene, ranging from fine dining to casual eateries. The South End's numerous parks, provide ample opportunities for outdoor recreation. The neighborhood's convenient location, with easy access to public transportation, makes it a desirable place to live, work, and play.
JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY
Number of Bedrooms: 1
Purchase Price: $371,914
Condominium Fee: $147.85
Maximum Income Limit:
1 Household: $114,300
2 Household: $130,600
Maximum Asset Limit: $100,000 (Regardless of Household size)
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 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: $147.85
Square Feet: 743
Taxes: 2024 Gross Tax $3,472 without residential exemption; $347.18 with residential exemption
What is the pet policy? Pets Allowed
Parking / storage: Not included
HOA fee includes: Heat, Gas, Hot water, Water, Sewer, Master Insurance, Elevator, Exterior Maintenance, Snow Removal, Landscaping, Refuse Removal, Management Fee
Washer & Dryer: Hook up ready in unit
What utilities are you responsible for? Electric (Eversource)
Sale exclusions: None
If you have questions about this property, please contact us.