65 Chelsea St, Unit 203, Charlestown, Boston, MA 02129

Low-Rise Residential property with 1 bedroom(s), 1 bathroom(s) in Charlestown Boston MA.

City of Boston Inclusionary Development Unit (BPDA) income-restricted Charlestown 1-bedroom, 1-bath condo on the 2nd floor at the Nautica Leasehold Condominium. Professionally managed 117-unit, elevator building. Features include stainless steel appliances, new washer/dryer, central AC, and a ButterflyMX intercom system. Close to the Charlestown Navy Yard and public transportation, including the 93 MBTA bus route, MBTA Ferry, and Orange Line stops. Subject to BPDA approval of buyer eligibility (1-member household income up to $138,960; 2-member household income up to $158,880). Ask for income limits for larger households. Buyers must have under $100,000 in liquid assets (excluding most retirement and education accounts) and obtain mortgage financing. The unit must be the buyer’s primary residence. Buyers must complete an affidavit and be approved by the BPDA. BPDA requires buyers to contribute at least 1.5% of the price from their own savings, unless a VA loan is being used.