New build for affordable home ownership. Update January, 2025 — sold 20% below market price to newest Community Land Trust owners.
Developed by the Kansas City Community Land Trust, this 3 bed /1 bath ranch with a 2-car garage is listed exclusively for qualifying Land Trust Buyers. 1100 square feet of living area with an open floor-plan, FULL basement is stubbed for an additional bathroom. This is a great opportunity for lower income buyers to get into a NEW home. Located in the Marlborough neighborhood, this home is less than 10 minutes from Ward Parkway Shopping Center, 5 minutes from Waldo shops & restaurants, 5 minutes access to 71 Highway.
COST SAVINGS:
WHO QUALIFIES? Qualified buyers are OWNER-OCCUPANTS whose household income is 80% or less of Area Median Income (AMI): $57,750 (single person); $66,000 (household of 2); $74,250 (household of 3); $82,500 (household of 4); $89,100 (household of 5).
Buyers must complete an application with KCCLT & obtain pre-approval from a CLT Lender. HUD-approved home-buyer education class required prior to closing.
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