Affordable Ownership Opportunity – The Elohim, Lynn

1 BR/1BA (2D/Unit 204) – $210,000

• 446 sq. ft.
• condo fee $183.23
• Street parking
• Storage unit and garage parking for purchase, subject to availability
• Washer/dryer hook-ups, stove, refrigerator, microwave, dishwasher
• FY25 real estate tax $10.36 per $1,000
• Pets: Dogs and cats (2 max), aquarium fish, caged birds.  Breed restrictions apply for dogs.  $300 pet security deposit.
• Accessibility: Elevator in building.
• This is a deed-restricted, affordable unit. Restrictions include that the unit must be occupied by owner and limitations on resale price and transfer.

This unit is available on a first come, first served basis.  There is no lottery.

The first applicant that provides a complete waitlist interest form and suitable mortgage pre-approval letter will be sent a final application to determine eligibility for purchase.  Please see information package for pre-approval letter requirements.

Waitlist interest forms will be accepted until the unit is sold.

Link to City of Lynn deed restriction:  13 nahant deed rider final

Please note:

• If you would like to see the unit, please contact Jenna DeRose at NextGen Realty (jderose@nextgenrealty.com, 617-991-3360).

Income and asset restrictions apply (2025 60% Area Median Income):

• 1 person:  $69,480
• 2 persons:  $79,440
• 3 persons:  $89,340

Household assets may not exceed $150,000.

Scroll down to read information package (important!) and apply online.  If you have trouble accessing the form or information package, 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.

Click the apply button for the waitlist interest form.  A current mortgage pre-approval letter is required for submission to be considered complete. Submitting a waitlist interest form does not obligate you to purchase the home. Incomplete forms will not be considered.