Real Estate

Arlington Affordable Homeownership Opportunity Available

A unit on Mass. Ave. is available to first-time homebuyers who are income-eligible.

An affordable homeownership opportunity is available at 264 Mass. Ave.
An affordable homeownership opportunity is available at 264 Mass. Ave. (Town of Arlington)

ARLINGTON, MA — A second affordable homeownership opportunity is available at 264 Massachusetts Avenue in Arlington, the Department of Planning and Community Development said. This one-bedroom, one-bathroom unit is available to first-time homebuyers who are income-eligible.

Eligible households are those households earning at or below 80 percent of the area median income by household size as determined by the U.S. Department of Housing and Urban Development:

Household Size12
Income Limit$67,400$77,000

The purchase price is $191,750. For more information and to schedule a showing, please visit: https://www.affordablehomesma.com/Arlington/Condos/Arlington_Center/Agent/Listing_393163710.html or contact Avi Glaser, the Marketing Agent, at 617-970-2403 or aviglaser@comcast.net.

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Complete applications will be reviewed on a first-come, first-served basis. All applications must include a pre-approval letter from a bank or mortgage company indicating your household qualifies for a mortgage sufficient to purchase the property. Completed applications must be mailed to Omega Ventures Inc., 55 Loring Street, Westwood, MA 02090, or emailed to aviglaser@comcast.net.

Down payment and closing cost assistance is also available through the North Suburban Consortium for income-eligible first time homebuyers. Learn more at https://www.maldenredevelopment.com/content/down-payment-assistance.

Find out what's happening in Arlingtonfor free with the latest updates from Patch.

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