Affordable housing condo available in South Boston / Fort Point Channel
Mar 2011 16

The Boston Redevelopment Authority is advertising an “affordable housing” condo in the Fort Point Place condominium project off of A Street between South Boston and the Fort Point Channel / Seaport neighborhoods.

This is a 781-square foot loft space being listed for $299,900. The condo fee is $187 per month and annual property taxes are $1,200 (with resident exemption).

From the listing:

Fort Point Place Unit #223, 21 Wormwood St, Boston MA. Unbelievable location – 5 minute walk to South Station. Price is $383 per square foot. Low condo fee and low taxes with residential exemption. Gorgeous loft now available at Fort Point Place! Located in the desirable Seaport District, this unit has all the best qualities at an incredible value. This 781 sf home features towering windows, brick and beam detailing, high ceilings, stainless steel appliances, an in-unit washer and dryer, central air, etc. It has even been fully sound proofed to ensure privacy and comfort. Bedroom is not currently divided but could easily be done.

This is a BRA affordable living unit opportunity with income restrictions at time of purchase. Asset, use, and resale restrictions apply. Eligible buyers’ income must fall between $72,000 to $77,100 for single person household & $82,250-$86,600 for 2 person household. This is a first come first serve sale offering.

The property is being listed by its owner.

For more information, visit the open house scheduled for this Saturday, March 19, from 1:00 pm – 4:30 pm.

I cannot provide you any more information because it’s being listed by the owner and I don’t have any way to get involved with the deal, so please contact the owner directly.

If you’re interested in market-priced units in this building, there are currently four units in the $400,000 – $600,000 range and above, Please contact me for more information.

Above, Google Maps image

Leave a Comment