Affordable Homeownership Opportunity in Roxbury
This two-family home is available for $375,000.
23 Magnolia Street is a two-family home. The first floor unit features two bedrooms and one bathroom. The owner unit features three bedrooms and two bathrooms.
TO QUALIFY for this property, YOUR ANNUAL INCOME MUST BE EQUAL TO OR LESS THAN:- 2 persons, $89,750
- 3 persons, $100,950
- 4 persons, $112,150
- 5 persons, $121,150
- 6 persons, $130,100
The property has hardwood floors, carpeted bedrooms, unfinished storage space, a laundry hook-up, and a paved driveway.
These properties are part of a neighborhood land trust and include a ground lease with the land trust. In order to ensure that applicants fully understand this type of ownership, it is STRONGLY RECOMMENDED that applicants attend a virtual ground lease information session.
Register for the May 23 Session
Register for the May 31 Session
BUYER WILL BE SELECTED BY LOTTERY. DEADLINE FOR LOTTERY APPLICATIONS IS june 13, 2023.APPLY FOR THE NEIGHBORHOOD HOMES INITIATIVE
Homes are sold by lottery. Only qualified applicants may enter. The property is deed-restricted; owner-occupancy requirements apply. Income and asset limitations apply. Income limits for qualified buyers are based on 80% Area Median Income Limits as defined by HUD. Please note: Persons with disabilities and those with limited English language proficiency are entitled to request a reasonable accommodation.
