LOT SIZE 2.564 acres
MLS#73588669
STATUSActive
PROPERTY TYPELand - Residential
Property Description
Exceptional Worcester development opportunity. The most recent concept plan provides for 42 residential units in seven buildings, together with substantial on-site parking and a thoughtfully designed internal site layout.This is far more than raw development land. Significant engineering, site planning and entitlement work has already been completed, with extensive plans and supporting documentation available for review. The project has undergone several design iterations, with the 42-unit / 7-building configuration representing the current development concept.Preliminary architectural plans and elevations have also been prepared for the proposed residential buildings.At approximately $28,571 per proposed unit, the property offers a compelling opportunity for a multifamily developer seeking a well-located Worcester project where a substantial amount of the preliminary development work has already been undertaken.Plans, engineering, approval documentation and additional project information available to qualified prospective purchasers. Buyer to perform its own due diligence regarding the current status, transferability and requirements of all permits and approvals.
Property Features
Property Type: Land - Residential
Lot Size: 2.56 Acres
Taxes: $1,891
Feature Descriptions
Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 36
Electric: At Street
Frontage: 164.00
Lot Features: Rolling Slope, Gentle Sloping, Curbs & Gutters, Storm Drains, Sidewalks
Number Of Lots: 1
Parcel Number: M:0019 B:0016 L:0001B
Rental Term: Monthly
Road Responsibility: Public Maintained Road
Sewer: Public Sewer
Water: Public
Waterfront Features: Lake/Pond,1 to 2 Mile To Beach, Beach Ownership(Public)
Listed By / Shown By
Listed By
Agency Name: RE/MAX Partners
Agent Name: David Stead
Agency Phone: 508-635-1600
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 3,178.26 per month $2,670.68 Principal & Interest $157.58 Property Tax $350.00 Homeowner's Insurance
145 Plantation St | MLS# 73588669
This land located at 145 Plantation St, Worcester, MA 01604 is currently listed for sale with an asking price of $1,200,000. The property has approximately 2.56 Acres. Search Worcester real estate on www.masiellogrouprealestate.com today.