Webster Willows

391 Pleasant Street
Unit 102
Melrose, MA 02176
United States

Price:
$330k
Bedrooms:
1
Accessible:
Yes
Accessible:
Yes
Main Listing Image

 

Property Overview

Property Facts:

Property Type:
Condominium Building
Condo Fee:
$364.91
Year Built:
2006
Est. Annual Taxes:
$2,242.35

Fantastic Opportunity to Own in Melrose at the Sought-After Webster Willows! 

This well-maintained unit has been tastefully updated and is move-in ready. Enjoy fresh paint, refinished wood floors, upgraded light fixtures, and brand-new kitchen appliances. The fully applianced kitchen opens seamlessly into the dining area and a spacious living room, framed by a beautiful bay window and gleaming wood floors. The oversized primary bedroom features an ensuite bath, large closets, and in-unit washer/dryer for added convenience. Ample storage space and thoughtful updates make this home stand out. Includes one assigned parking spot. Prime location near Oak Grove T stop, commuter rail, downtown Melrose, and major highways – perfect for commuters and city lovers alike. This unit truly has it all! Unit HOA fee: $364.91. VIEW PHOTOS HERE

IMPORTANT INFORMATION: HOUSEHOLD INCOME RESTRICTIONS APPLY Equal Housing Opportunity. This is an affordable unit subject to a HUD income limits (effective 6/1/25): 1 person: $92,650, 2 persons: $105,850, 3 persons: $119,100, 4 persons: $132,300, 5 persons: $142,900, 6 persons: $153,500, 7 persons: $164,100, 8 persons: $174,650. Asset limit $75,000. FIRST TIME HOME BUYERS AND OWNER OCCUPANTS ONLY. Unit is subject to an affordable housing covenant. See attachments for info.

 

Property Details

Unit Details

Basement:
No
Appliances:
Dishwasher
Garbage Disposal
Microwave
Refrigerator
Stove/Oven
Washer/Dryer
Listing Garage Parking
Garage Parking:
Yes, the number of spaces is to be determined
Off Street Parking:
Yes, there is 1 available space.
Heating type:
Gas
Air Conditioning:
Yes
Flooring Types:
Hardwood, Wall to Wall Carpet, Stone/Ceramic Tile
Pets allowed:
Yes
Pet Restrictions:
No more than one household pet such as a dog or cat with written consent from the board.
 

Eligibility Information

Income limits:
92,650
Asset limits:
75,000
Must be first time homebuyer:
Yes
Age Restrictions:
No restriction
 
 

Application Information

Application Type:
First Come First Served
 
Application Process:

Attached is the SAMPLE APPLICATION ONLY (outdated income limits/affordable covenant holder listed on the attachment). The City of Melrose is the current affordable covenant holder and is in the process of updating this application. This will be posted ASAP.

About the Program
The North Suburban Consortium (NSC) utilizes federal grant funds from the HOME investment partnerships program to strengthen public-private partnerships to expand the supply of decent, safe, sanitary and affordable housing for low and moderate income homebuyers. The goals of the program are:
-Assistance is available to income-eligible applicants who are first time homebuyers (or one who has had no homeownership
interest in a principal residence during the past 3 years OR a displaced homemaker or single parent who has only owned a home
with a former spouse while married).
-Assistance will be provided on a first-come, first-served basis, upon receipt of completed application, supporting documentation and determination of eligibility and priority status, until funding is exhausted.
Income-Eligibility
To be income-eligible, annual (gross) income of all persons in the household cannot exceed 80% of median for the area as
determined by Housing and Urban Development (HUD). Annual income includes all income anticipated to be received by
household members for the next 12 months. UPDATED 2025 INCOME LIMITS ARE LISTED HERE.

If you meet the following criteria, please inquire further,

-First time homebuyer

-Unit will serve as the owner's primary residence (no exceptions)

-HUD income limits (effective 6/1/25): 1 person: $92,650, 2 persons: $105,850, 3 persons: $119,100, 4 persons: $132,300, 5 persons: $142,900, 6 persons: $153,500, 7 persons: $164,100, 8 persons: $174,650 

-Asset limit of $75,000

-Must have a pre-approval letter for a mortgage to apply (no cash buyers)

Application link https://www.cityofmalden.org/902/North-Suburban-Consortium
Application Documents:
Monitoring/Lottery Agent or Property Manager
Vin Cav Realty
Contact
Vincent Cavaretta
Phone
+1 781-248-0003