Affordable Homeownership Opportunity in Watertown (Riverbank Lofts)

Application deadline 5:00 p.m., Thursday, November 3, 2022

Info session on Zoom Monday, October 31, 2022, at noon.  Please email stefanie@metrowestcd.org for link.

1-bedroom, 1-bathroom condo for sale at Riverbank Lofts – $207,000

290 Pleasant St, Unit 103, Watertown, MA

• Monthly condo fee: $202.06
• FY22 tax rate $13.25 per $1,000
• 1 bedroom, 1 bathroom
• Approximately 717 sq. ft.
• 2 deeded parking spots
• Garden-style unit with patio
• Gas heat, central air, refrigerator, dishwasher, washer and dryer hookups.  Microwave in unit does not work.
• Pets allowed, with restrictions
• Near Charles River Greenway, transit, shops and restaurants

Income restrictions apply (80% Area Median Income):

• 1 person:  $78,300
• 2 persons:  $89,500

Household assets may not exceed $75,000

This home is subject to deed restrictions to maintain affordability. A sample deed rider is below.

LIP New Unit Universal Deed Rider sample

Scroll down to read 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.