Properties: Community Land Trust of Cape Ann

HCP, through merger with the Community Land Trust of Cape Ann, has inherited the land and the responsibility to monitor and support the permanent affordability of the 51 first-time buyer condominiums located on that land. The units are located in four Gloucester, MA developments:

  • Haven Terrace, 26 units
  • Babson Block: Granite Street, 15 units
  • Forbes School: 47 Washington Street, 8 units
  • 22 Taylor Street, 2 units

Unit resale, for sale by owner, will be posted here as they become available. HCP is the administrator for Cape Ann Community Land Trust Program and is not a unit owner, seller or seller agent. Prospective buyers should do their own due diligence to ascertain the accuracy of any potential properties listed for sale.

Buyer qualification requirements: Must be a first time homebuyer and meet household income restrictions of less than 80% of median area income.

For more information, contact applications@harborlightcp.org

 

First Time Home Buyer: Unit for Sale

22 Taylor Street – Unit 2, Gloucester MA 01930

Townhouse: Two Bedroom, One Bath, List Price $250,217

Half-duplex in convenient location near downtown and elementary school! 2 Bedroom 1 Bath townhouse condo unit with fenced-in backyard, private deck and shed.

Off-street parking for one car. No condo fee! All brand new appliances with laundry in the unit and basement storage. Pet-friendly!

For more information contact Jody Young at 978-337-0788 or jyoung0987@yahoo.com

80% Income Limits Apply: One Person $70,750; Two Persons $80,850; Three Persons $90,950; Four Persons $101,050

When the Buyer is known and thought by the Unit Owner(s) to be an Eligible Person then the Unit Owner(s) is to deliver to Harborlight Community Partners, Inc. for verification of the assignee’s or buyer’s income:

  1. The tax return of the shiny or buyer for the immediately preceding year; and
  2. A current verification of assignee’s or buyer’s employment; and
  3. The pay stubs (or equivalent verifiable proof of wage payments) of the assignee or buyer for the three months immediately preceding the month in which the Eligible Person is identified and a sale price agreed

Should additional information be required to verify the assignee’s or buyer’s income these items will be requested.

 

 

First Time Home Buyer: Unit for Sale

42 Granite Street – Unit A1, Gloucester MA 01930

Condo : One Bedroom, One Bath, List Price $217,800

Fabulous Opportunity for buyers that have NOT OWNED A HOME WITHIN LAST 3 YEARS or are FIRST TIME HOME BUYERS. ****INCOME RESTRICTIONS APPLY.

This centrally located condo is ideal for commuters or if you look to be near town, as it is close to down town amenities and commuter rail, Gloucester’s Stacey Boulevard and Stage Fort Park. Bright, nicely appointed with ample storage, eat-in kitchen and bonus space off of the living room that could function nicely as a home office or den. This condo is move-in ready with brand new carpets, freshly
painted and cable readily installed – settle in, add your personal touches and enjoy homeownership.

In-unit stackable washer/dryer in the spacious bathroom. Want to catch some fresh air? No problem, walk-out to the common use deck and ample green space via kitchen or bedroom. Pet friendly, assigned parking.

For more information and additional photos, please view MLS document here