Great development opportunity, a few minutes walk to WPI! The original large multi-family was burned down. the owner has been approved and contracted to rebuild 11 units multifamily, 8 two bedrooms and 3 one bedroom units. The foundation footing is just completed! Seller will finish foundation work as well. The seller has already spent about 200K on permits/drawings/demolition/foundation etc. You can take over to continue the development. Excellent rental market. Potential to form joint venture. Buyer and buyer agent do your own due diligence.
This home has been viewed 47 times
Last Checked: May 7th, 2024 at 1:51am (Source: MLS PIN #73101603)
General Information for 69 West, Worcester MA 01609
Listing ID73101603
Price$650,000
Land TypeResidential
Approx AcresApprox. 0.1 acres (4,323 SqFt)
Number of Lots
Approximate Street Frontage
Road Frontage Type
ZoningRG-5
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 FeaturesLevel, Corner Lot
WaterfrontNo
Waterfront Features
View
Disclosures for 69 West, Worcester MA 01609
DEQE/DEP#
Senior CommunityNo
Disclosures
Special Listing Conditions
For Sale By OwnerNo
Buyer Agent Compensation2.5
Facilitator Compensation1
Sub-Agent Compensation
Financial Information for 69 West, Worcester MA 01609
AssociationNo
Association Fee$0
Tax
Tax Year0
Assessed Value
Contact Information for 69 West, Worcester MA 01609