Franklin Heights is off of Lincoln Street in Franklin, Massachusetts 02038. The unit for sale is 47 Leanne Way. The unit is an affordable housing opportunity through the Local Initiative Program (LIP) and will be sold to first-time homebuyers with incomes at or below 80% of the area median income. The price for 47 Leanne Way is $196,600.
The unit includes two bedrooms, 2 ½ bathrooms , Central Air Conditioning and a gas fireplace. Includes washer/dryer, stove, microwave, dishwasher and refrigerator. One car garage.
47 Leanne is subject to a deed restriction that will be recorded with the mortgage and deed. The restriction limits the amount that the home can be resold for or refinanced for and requires that it be resold to another affordable buyer. The deed restriction is in perpetuity.
The information sheet
http://www.franklinma.gov/sites/franklinma/files/news/franklin_heights_info_0.docx
The application
http://www.franklinma.gov/sites/franklinma/files/news/application_2017_not_age_restricted_0.doc
The listing sheet
Where is 47 Leanne Way?
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| 47 Leanne Way - Affordable Housing For Sale - $196,600 |
This was shared from the Town of Franklin webpage
http://www.franklinma.gov/home/news/47-leanne-way-affordable-housing
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