Description
Welcome to unit 7 which is located on the 2nd floor front left of the building. The unit contains 4 rooms; a kitchen, a living room, 2 bedrooms and a full bath. The unit is income-restricted condominium in Revere, Massachusetts. This affordable homeownership opportunity offers qualified buyers the opportunity to purchase a home in Revere at an affordable price. This unit is conveniently located to shopping centers, train station, and Bus stop Revere st. & Bates St. This is a move in ready home. Potential buyer/s must be a first-time home buyer & must be an owner-occupied primary residence.The unit has exclusive use of parking space #7 and exclusive use of storage unit #7 in the basement, with a $189.75 Monthly HOA Fee.FY2026 80% AMI Income LimitsThe applicable FY2026 80% AMI maximum household income limits are; one person-96000, two persons-109700, three persons-123400, and four person-137100. Additionally, Asset Limits: Frequently capped at $75,000 in liquid assets (excluding specific retirement and college savings accounts).Sale ContingencyThe sale of this condominium is contingent upon the current owner securing suitable housing. Buyer Eligibility & Down-Payment AssistanceThe City of Revere Department of Planning and Community Development is responsible for reviewing and confirming the verified eligibility of prospective buyers for this income-eligible & first-time homebuyer unit.Qualified buyers may also receive assistance from the City of Revere with applying for available down-payment assistance, subject to applicable program requirements, funding availability, and City approval.
Details
| MLS # | 73579859 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Building Name | 291 Revere Street Condominium |
| HOA Dues | $189 |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2005 |
| Days On Site | 35 |
| Listing Provided By | Media Realty Group Inc. | Jamal Farouk |
Features
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 650 |
| Story(s) | 1 |
| Units | 11 |
| Zoning | 102 |
| Water Front | Yes |
Interior
| Rooms Total | 4 |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Central Air |
| Heating Yes / No | Yes |
| Heating | Forced Air, Natural Gas |
| Appliances | Dishwasher, Disposal, Microwave, Range, Refrigerator |
| Fireplaces Total | 0 |
| Fireplace Yes / No | No |
Exterior
| Roof | Shingle |
|---|---|
| Security Features | Intercom |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Off Street, Deeded |
Utilities
| Sewer | Public Sewer |
|---|
Taxes
| Tax Annual Amount | 2635 |
|---|---|
| Tax Assessed Value | 294700 |
| Tax Year | 2026 |
Location
| Community Features | Public Transportation, Shopping, Medical Facility, Public School |
|---|---|
| Senior Community Yes / No | No |
Area Information
| State | MA |
|---|---|
| County | Suffolk |
| City | Revere |
| Zip Code | 02151 |
| Area | Suffolk |
| Listing VS Median (in 02151) | |
Price: $300,500 low | high Med: $451,000 sqft: 650 low | high Med: 1,032 $ / sqft: $462 low | high Med: $437 On site: 35 low | high Med: 374.5 | |
Market Activity 02151
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Learn More About This Property
| State | MA |
|---|---|
| County | Suffolk |
| City | Revere |
| Zip Code | 02151 |
| Area | Suffolk |
| Listing VS Median (in 02151) | |
Price: $300,500 low | high Med: $451,000 sqft: 650 low | high Med: 1,032 $ / sqft: $462 low | high Med: $437 On site: 35 low | high Med: 374.5 | |
