LOT SIZE 0.258 acres
MLS#73556282
STATUSActive
PROPERTY TYPELand - Residential
Property Description
Approved land for four 3-bedroom, 2.5-bath attached townhouses at 18 Crown Street in Worcester, each unit approximately 1,500 sq ft with a first-floor garage. Entitlement work is done: the Historical Committee has approved the plans, and the Planning Board has endorsed an ARP for the site (approved, recording to occur prior to closing). The 11,219.95 sq ft lot includes 8 parking spaces. Comparable finished townhouses in the area are trading around $525,000 per unit, putting the projected gross exit north of $2,000,000 against a $175,000 land basis ?? a shovel-ready opportunity for a builder or investor looking to skip the entitlement process.
Property Features
Property Type: Land - Residential
Lot Size: 0.26 Acres
Taxes: $1,500
Feature Descriptions
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
Electric: None
Lot Features: Other
Parcel Number: 1764014
Rental Term: Monthly
Sewer: Public Sewer
Water: Public
Listed By / Shown By
Listed By
Agency Name: eXp Realty LLC
Agent Name: Candor Investment Group
Agency Phone: 888-854-7493
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimate Your Payment
Estimated Payment
$ 565.52 per month $389.47 Principal & Interest $125.00 Property Tax $51.04 Homeowner's Insurance
18 Crown St | MLS# 73556282
This land located at 18 Crown St, Worcester, MA 01609 is currently listed for sale with an asking price of $175,000. The property has approximately 0.26 Acres. Search Worcester real estate on www.masiellogrouprealestate.com today.