Affordable Homeownership Opportunity in Danvers

Application deadline 5:00 p.m., Friday, August 26, 2022

Info session on Zoom 7:00 p.m., Monday, August 22, 2022.  Please email stefanie@metrowestcd.org for link.

Home is unavailable for viewing until after lottery, by confirmed eligible purchaser

2-bedroom, 2-bathroom unit for sale at The Residences at Rose Court Condominium – $272,800

360 Andover St, Unit 2109, Danvers

• Gas Heat | Central Air | Dishwasher | Microwave | Stove/Oven | carpet over hardwood flooring | washer/dryer hook-ups 
• Deck and 2 surface parking spots
  
• Clubhouse, grill area, children’s play area, gym 
• Pets allowed
• Close to shops, restaurants, I-95
  
• Close to state forests, Ipswich River Wildlife Sanctuary 
• This is a resale.  Unit approx. 8 years old 
• FY22 tax rate = $12.66 per $1,000 
• Condo fee is $181/month
• IMPORTANT:  Unit being sold without refrigerator or washer/dryer 

Income restrictions apply (80% Area Median Income):

• 1 person:  $78,300
• 2 persons:  $89,500
• 3 persons:  $100,700
• 4 persons:  $111,850
• 5 persons:  $120,800

Household assets may not exceed $75,000

This home is subject to deed restrictions to maintain affordability.

Flyer 360 Andover 2109 rev

These two documents are not required at this time but are here for your information:

Homebuyer Disclosure Form

Affordable Housing Deed Restriction

Scroll down to view the information package and apply online.  If you have trouble accessing the application, please email stefanie@metrowestcd.org.

Click the download button to review the important information about this permanently deed-restricted unit before you submit an application. There are permanent rules regarding the future sale of this unit that you need to understand.