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$1,200,000
Est. payment /mo
2.12 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73561162
HOA Y/N false
Annual Tax Amount $1,378
Tax Year 2026
Lot Size 2.120 Acres
Acres 2.12
Property Sub-Type Residential
Property Description
Approved 16 unit project with infrastructure 80% complete. This is an amazing opportunity to get to profit quickly and cut 6-12 months out of the construction schedule to get to the first sales. Remaining infrastructure bids and profit projections in hand which indicate a highly profitable project with limited risk . Underground services in place and just need tie ins at the street for water, sewer, and gas. Remaining infrastructure materials are also on site and in storage including pedestals, electric vaults, drain structures, retaining wall blocks, conduit, etc. Transformers readily available with Unitil as well. Close in September and you can get into this site quick, pour the foundations before winter, and have units ready for sale by Spring 2027. The 3 bed unit design, 8 with walk out basements, will hit the perfect price point for first time buyers where very few homes are available.
Location
State MA
County Worcester
Zoning RC
Direction Use 274 Beech Street as the GPS address. Entrance to development is directly across the street
Exterior
Community Features Public Transportation
Building
Lot Description Cleared, Storm Drains
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Real Broker MA, LLC
NEARBY SCHOOL & BUSINESS