Telford 180 (Under Agreement)

180 Telford St.

180 Telford, Income Restricted Condo Resale, overlooking the Charles River in Allston. This beautiful building features a concierge, gym, bike room, rowing room, courtyard with grills and parking garage. Situated next to the walking bridge to the Charles River as well as steps to grocery stores, pharmacy, restaurants and shops this is an ideal location. Residents enjoy the landscaped grounds of 180 Telford along with its park and outdoor courtyard. This prime location is hard to find as it overlooks the Charles River and Cambridge city skyline. Transportation is a breeze as 180 Telford offers garage parking.

FEATURES

Concierge
Gym
Club Room
Garden

https://www.maloneyaffordable.com/wp-content/uploads/2023/03/180-teleford-gym.jpg

NEIGHBORHOOD

North Allston, also known as Lower Allston, is a peaceful neighborhood just five miles west of downtown Boston. This community is nestled along the Charles River and houses part of Harvard University, particularly Harvard Business School, Harvard Stadium, and the University’s other athletic fields.

In North Allston, you’ll find bike and pedestrian-friendly streets with an abundance of walking, biking, and jogging trails, community parks, and open green space overlooking the river. Enjoy delicious eats and drinks at Article 24, or try an old-school breakfast at a quaint corner diner known as the Breakfast Club. For the freshest baked goods in town, venture over to Swissbäkers on Western Avenue.

North Allston is a wonderful mix of student housing, upscale homes, and amenity-filled apartments and condos available for rent. Explore your options and find your ideal apartment in this quiet, affluent neighborhood near all of Boston’s major attractions.

JOIN OUR COMMUNITY / PRICING AND ELIGIBILITY

Number of Bedrooms: (2 per Public Record)

 Purchase Price: $445,861

 Condominium Fee: $391

Minimum Income Limit: 100%

Maximum Income Limit: 120%

*There is a 3 Household MINIMUM requirement for this property*

3 Household: $133,600-$160,320
$100,000 (Excluding Retirement)

4 Household: $148,400-$178,080
$100,000 (Excluding Retirement)

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 Size70% AMI80% AMI90% AMI100% AMI110% AMI120% AMI150% AMI
1 Person$72,730$83,120$93,510$103,900$114,290$124,680$155,850
2 Person $83,160$95,040$106,920$118,800$130,680$142,560$178,200
3 Person$93,520$106,880$120,240$133,600$146,960 $160,320$200,400
4 Person$103,880$118,720$133,560$148,400$163,240$178,080$222,600
5 Person$112,210$128,240$144,270$160,300$176,330$192,360$240,450
6 Person$120,540$137,760$154,980$172,200$189,420$206,640$258,300

NEXT STEPS

Let us know you’re interested! Our team will respond quickly to provide more information and schedule a showing.

 
For more information, contact us:   617-778-2470   |   US Relay 711   |   mzaric@maloneyrealestate.com
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: $391

Square Feet: 1,080

Taxes: 2023 Gross Tax $4,369

What is the pet policy? Allowed with restrictions

Parking / storage – No Parking included/ Storage available in building

HOA fee includes- Water, Sewer, Master Insurance, Security, Elevator, Exterior Maintenance, Landscaping, Snow Removal, Exercise Room, Clubroom, Refuse Removal, Garden Area

Washer & Dryer: In unit/ Included with sale

What utilities are you responsible for? Electricity/Heat/ Hot Water

Sale exclusions:  None

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