Affordable 2-Bedroom Unit, Lincoln, MA – $270,000
Affordable 2-Bedroom Unit for the purchase at 16A North Commons Road in Lincoln, MA, in Battle Road Farm development in Lincoln, MA, is being offered via lottery.
Please click HERE for the Flyer and click HERE for the Application.
The key milestones for this housing opportunity:
- Application Period opens Wednesday, June 26, 2024
- Application Deadline Thursday, July 11, 2024, 1PM
- Lottery Wednesday, July 24, 2024, 11AM, via online meeting – details for joining meeting provided to eligible applicants via email.
Project Description
The Battle Road Farm condominiums are in Lincoln, MA, which is a prestigious community of 120 Townhouses in a country setting with excellent schools, just minutes to RT 128/95 and RT 2, and access to historic park and trails.
This affordable 2- bedroom 1 ½ bath Townhouse contains 1,120 square feet of living space on two levels with hardwood flooring throughout. This unit includes a living room, dining room, a galley style kitchen and a half-bath on the first floor. The kitchen and bath have granite countertops. The second floor offers 2 bedrooms, plus access to the pull-down attic. There is a large unfinished basement. This unit has a patio that is accessed from the dining room, facing a large and private yard area. Barbeques are permitted. The condo includes two parking spaces. The unit has central AC, and the gas heating system is forced hot air. Areas for storage include the attic, as well as an exterior storage unit. The main bathroom has been updated with tile flooring and tile in the shower. The townhouse condo is being sold ‘as-is’ with a washer/dryer, range/oven, dishwasher, microwave and disposal included.
The purchase price to an eligible buyer is $270,000 and it is priced to make it affordable for eligible buyers at or below 100% of the Area Median Income. Owners are required also to pay property taxes, and the 2024 Lincoln tax rate is $12.89 per $1,000 of valuation or an estimated monthly amount of $291. The monthly condominium fee is $713, and includes landscaping, snow removal, trash removal, water and sewer, and master insurance as well as maintenance of common areas.
This property is part of the Massachusetts Homeownership Opportunity Program and offered at a discounted rate. As such, this and all future sales of the property will be in accordance with those guidelines and Deed Rider to the unit. This property will be sold below the market price with deed restrictions which protect the property in perpetuity using resale price limitations.
We invite you to read this information and submit an application, with the supplemental information. This application can be downloaded from the RHSO website by clicking HERE and can be sent to you upon request.
The Regional Housing Services Office (RHSO) will act as the resale lottery agent for this unit on behalf of the Town of Lincoln. Please return the application to the RHSO at the address below and/or contact the RHSO with any questions.
Please contact the agent below for any questions or to submit your application:
Jenicia Pontes
Regional Housing Services Office
37 Knox Trail, Acton, MA 01720
(978) 287-1091
JenP@rhsohousing.org
