An affordable rate condo in Watertown will be sold. See more information provided by the City of Watertown below.
There is an affordable condo for sale at Riverbank Lofts, located at 290 Pleasant St, Unit 116, Watertown for $230,762.
The Open House is Saturday, January 10, 2026, from 10:00am-1:00pm.
The Condo has:
- 1 bedroom, 1 bathroom – approx. 810 square feet.
- 2 deeded parking places
- Condo fee: $189.38, includes gas heat
- FY26 real estate tax: $12.20 per $1,000
- Gas heat, central air, appliances + washer/dryer; private patio overlooking Charles River Greenway
- Pets allowed
- Accessibility: loft bedroom is up a flight of stairs
- This is a deed-restricted, affordable unit. Restrictions include that the unit must be occupied by owner; limitations on resale price and transfer after death of owner.
A Public Information Meeting will be held on https://www.zoom.com/ at 7:00pm on Thursday, January 28, 2026, to answer questions about the unit and provide an overview of the application process. Attendance is not mandatory. Meeting ID: 870 4521 9616, Passcode: 088327.
The application deadline is at 4:00pm on Wednesday, January 21, 2026.
The lottery is on Zoom at noon on Wednesday, January 28, 2026.
Income Limits are 80% Area Median Income, HUD’s Boston metro area:
1 person: $92,650 2 persons: $105,850
Assets: total assets for the household cannot exceed $75,000.
For full details and to apply online: www.metrowestcd.org/need-help/homes-for-sale (then click listing).
For any questions or if you have trouble applying online, please contact stefanie@metrowestcd.org or 617-923-3505 x109 (email preferred).