DRACUT — A year ago, an East Dracut two-bedroom condo was put up for sale for $180,800.

The condo at 42 Joseph Ave. was built only a few years before, and was set aside as affordable housing for lower-income homeowners.

But no one bought the Riverside Landing home.

After four months without a buyer, the condo automatically became a market-rate unit.

Although any profit above the affordable-housing price tag is paid to the town’s affordable-housing fund, the unit was lost forever from the town’s affordable-housing stock, according to Aaron Gornstein, executive director of Citizens’ Housing and Planning Association, the agency monitoring affordable housing at the development.

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