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May 11

Resale of a 3-bedroom unit in Olmsted Hill

Posted on May 11, 2022 at 9:42 AM by David Guzman

The Brookline Housing Division is facilitating the resale of a 3-bedroom unit located in Olmsted Hill (8 Olmsted Road Unit 3)

This is a first time homebuyer opportunity for income qualified households earning 110% of area median income or less. 

3-members household, income of $138,798 or less; 4 members, income of $154,220; 5 members, income of $166,557; 6 members, income of $178,895.  Buyer will be selected by lottery. 

Unit is 1,234 sq.ft. with parking included.  (Space # 41)

Price: $372,932; RE Taxes $30 monthly; Condo Fee $634* (RE Taxes and Condo fee is estimate and subject to change)

Resale restrictions will apply in order to maintain affordability for subsequent buyers.  Lottery winner will be invited to tour the unit upon lottery drawing.  This unit requires a household composition of at least three persons and a maximum of six persons.

Application and guidelines are available at https://www.brooklinema.gov/231/Affordable-Housing-Search 

Deadline for application submission is Wednesday, June 1, 2022 at noon.  Lottery date is Tuesday, June 7, 2022 at noon via Zoom.