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~ A new opportunity for affordable housing has become available in the Norwell Street and Browning Street area. Three properties, 143 Norwell Street, 145 and 147 Norwell Street, and 27-29 Browning Street, are now on the market for households with incomes at or below certain levels.
The first property, 143 Norwell Street, is a detached single-family home with three bedrooms and one and a half bathrooms. It is priced at $300,000 and is open to households earning at or below 80% of the Area Median Income (AMI).
The second property consists of two attached single-family homes located at 145 and 147 Norwell Street. Each home has three bedrooms and one and a half bathrooms spread over two floors. These homes are priced at $375,000 each and are available to households earning at or below 100% of the AMI.
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Lastly, the third property is a two-family home located at 27-29 Browning Street. The Owner's Unit has three bedrooms and two bathrooms spread over two floors while the Renter's Unit is a two-bedroom apartment with one bathroom. This property is priced at $475,000 and is open to households earning at or below 100% of the AMI.
To ensure that potential buyers fully understand the deed restrictions associated with these properties, it is highly recommended that they attend a virtual information session on June 12th at 6:00 p.m. Interested buyers can register for this session online.
It should be noted that buyers will be selected through a lottery system. The deadline for lottery applications is June 25th, so interested parties are encouraged to apply as soon as possible. This presents an excellent opportunity for low-income households to own their own homes in this desirable neighborhood.
The first property, 143 Norwell Street, is a detached single-family home with three bedrooms and one and a half bathrooms. It is priced at $300,000 and is open to households earning at or below 80% of the Area Median Income (AMI).
The second property consists of two attached single-family homes located at 145 and 147 Norwell Street. Each home has three bedrooms and one and a half bathrooms spread over two floors. These homes are priced at $375,000 each and are available to households earning at or below 100% of the AMI.
More on Boston Chron
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Lastly, the third property is a two-family home located at 27-29 Browning Street. The Owner's Unit has three bedrooms and two bathrooms spread over two floors while the Renter's Unit is a two-bedroom apartment with one bathroom. This property is priced at $475,000 and is open to households earning at or below 100% of the AMI.
To ensure that potential buyers fully understand the deed restrictions associated with these properties, it is highly recommended that they attend a virtual information session on June 12th at 6:00 p.m. Interested buyers can register for this session online.
It should be noted that buyers will be selected through a lottery system. The deadline for lottery applications is June 25th, so interested parties are encouraged to apply as soon as possible. This presents an excellent opportunity for low-income households to own their own homes in this desirable neighborhood.
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