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2-Bed Condominium Now Available!
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Repton Place, 555 Pleasant St., Unit 4215 Watertown
OPEN HOUSE ON TUESDAY, November 17,
5:00 - 6:00 p.m.
CLICK HERE TO RSVP Watertown Community Housing is pleased to announce the sale of an affordable studio condominium
at Repton Place, 555 Pleasant St., Unit 4215 in Watertown. Price
(non-negotiable): $177,300 Bedrooms: 2 Baths:
2 Approx Sq. ft: 1035 The unit is approximately 1035 square
feet and is located on the second floor. It is comprised of a living space, kitchen, two bathrooms, and two bedrooms. Built
in 2006, the unit has top rate features including tufted cut-pile carpeting; ceramic tile kitchen & bathroom floors; wood
cabinets; and energy-efficient windows. The unit has a private storage bin and one deeded parking space. DOWNLOAD THE APPLICATION AND FACT SHEET BELOW
CLICK HERE FOR MORE INFORMATION ON REPTON PLACE
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Key Facts
Sale is first-come, first-served
Pre-applications accepted:
beginning Wednesday, November 18
Please
note: Pre-applications should be submitted as soon as possible. Applicants will fill
out a pre-application to determine initial eligibility and placement on applicant list. The first complete and eligible applicant will be given the chance to purchase the unit. At that point, the applicant
will be asked to fill out a full application and submit supporting paperwork before final eligibility determination.
Eligibility Requirements
Households must be at
or below 80% of Area Median Income. The maximum gross incomes allowable for this unit are:
$46,300 1-person || $52,950 2-person ||
$59,550 3-person || $66,150 4-person || $71,450
5-person
Minimum Downpayment
A 3% ($5,319) downpayment is required. Eligible buyers may be eligible to borrow up to $15,000 in Downpayment Assistance
from the Town of Watertown. These funds would be in addition to the 3% required down-payment.
Deed Restriction
This unit is subject to a deed restriction that requires permanent
affordability. Therefore, future sales are governed by the the State Dept. of Housing at the time of sale.
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*DOWNLOAD THE PRE-APPLICATION BELOW*
Pre-applications will be accepted
starting Wednesday, November 18, 9:00 a.m.
Please note: Pre-applications should be submitted
as soon as possible. The first complete and eligible applicant will be given the chance to purchase the unit.
Click here to download the Repton Place pre-application.
Click here to download Unit 4215 "Quick Facts"
Click here to download the Unit 4215 floorplan.
Click here to download the Repton Place affordable condo flyer
Click here to download a list of finishes for the affordalbe studio at Repton Place.
Click here to download the LIP Universal Deed Rider.
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Watertown Community Housing
63 Mt. Auburn St.
Watertown, MA. 02472
P-617-923-3505
F-617-923-8241
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