great development opportunity on this vacant land, the original large multi-family was burned down. the owner has contracted to rebuild 7 units 22 bedrooms. You can take over to continue the development. If you build with 2 lower income units, there could be 300K funding from HUD. Potential to form join venture with current owner. Buyer and buyer agent do your own due diligence.
This home has been viewed 40 times
Last Checked: May 7th, 2024 at 12:51am (Source: MLS PIN #73071187)
General Information for 2 Gage St, Worcester MA 01605
Listing ID73071187
Price$299,000
Land TypeResidential
Approx AcresApprox. 0.14 acres (5,925 SqFt)
Number of Lots
Approximate Street Frontage
Road Frontage Type
Zoningres
ElectricOn-site
GasOn-Site
WaterPublic
SewerPublic Sewer
Cultivation AcresNone
Pasture AcresNone
Timber AcresNone
PERC Test
PERC Test DateUnknown
AssociationNo
Association Required
Association Fee$0
Lot FeaturesOther
WaterfrontNo
Waterfront Features
View
Disclosures for 2 Gage St, Worcester MA 01605
DEQE/DEP#
Senior CommunityNo
Disclosures
Special Listing Conditions
For Sale By OwnerNo
Buyer Agent Compensation2.5
Facilitator Compensation1
Sub-Agent Compensation
Financial Information for 2 Gage St, Worcester MA 01605
AssociationNo
Association Fee$0
Tax
Tax Year2023
Assessed Value$31,600
Contact Information for 2 Gage St, Worcester MA 01605