5855 Horton St APT 527, Emeryville, CA 94608

This BMR is available to low income buyers through the City of Emeryville's Below Market Rate program. The income limits for this unit are:<br/> <li>$46,350 for one person <br/> <li>$53,000 for two people <br/> <li>$59,600 for three people <br/> <p> There is down payment assistance available up to $110,000 through the City of Emeryville. This $110,000 is a silent loan which accumulates a "low simple fixed interest rate. For more information regarding the City of Emeryville’s Below Market Rate program and down payment assistance please visit the City's website at: <a href="http://www.ci.emeryville.ca.us/econdev/housing_setaside.html">http://www.ci.emeryville.ca.us/econdev/housing_setaside.html</a> or call Janet Anderson at 510-596-4316. <p> Also available is the Federal Housing Tax Credit for First Time Home Buyers A tax credit of up to $8,000 is now available for qualified first-time home buyers purchasing a principal residence on or after January 1, 2009 and before December 1, 2009. Unlike the tax credit enacted in 2008, the new credit does not have to be repaid. <p> Below Market Rate (BMR) 1 bedroom/1 bath condo (633 sq. ft.) available at the Terraces at Emery Station for $199,000. <p> Current HOA dues are $372.97 per month. <p> Great location right next to the Emeryville Amtrak station, within walking distance to Bay Street, and near many other restaurants and shops. <p> Features of the condo: <br/> <li>High 12 foot ceilings throughout condo<br/> <li>Pendant and cable lights in living room<br/> <li>New flooring throughout living room and kitchen <br/> <li>Granite counters in kitchen <br/> <li>All kitchen appliances included (Stove, refrigerator, and dishwasher) <br/> <li>Pantry with cabinet, shelving, and front loading washer/dryer <br/> <li>Upgraded shelving in living room and bedroom closets <br/> <li>New Berber carpet in bedroom <br/> <li>Spacious bathroom <br/> <p> HOA Amenities: <br/> <li>Dedicated parking space <br/> <li>Gym <br/> <li>Sauna <br/> <li>Theatr