Charming and well-kept 2-bedroom bungalow in the upcoming Lincoln Park Neighborhood. This home was completely renovated in 2008 and boasts ample natural lighting. There is also a brand new water heater that was installed in February 2021. Home is being sold $33,000 below market value to income qualified households. Purchase with as little as $1500 out of pocket. Additional $16,250 in down payment assistance is available to qualified buyers based on need.
Home must be owner-occupied and buyer’s gross annual income cannot exceed the following (household size in parenthesis): $42,750 (1); 48,850 (2); $54,950 (3); $61,050 (4); $65,950 (5); $70,850 (6).
Prospective buyers need to have mortgage pre-approval from North Shore Bank or US Bank, income documentation verification and completed Community Land Trust program application prior to signing purchase agreement. Homebuyer education class can be completed between purchase agreement & closing.
Lot Size: 50X50
Year Built: 1918
Living Room 12X13
Dining Room 12X13
Bedroom 1 10X13
Bedroom 2 13X13