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 57 times
Last Checked: May 7th, 2024 at 1:51am (Source: MLS PIN #73101603)
General Information for 69 West, Worcester MA 01609
Listing ID73101603
Price650000
Land TypeResidential
Approx AcresApprox. 0.1 acres (4,323 SqFt)
Number of Lots
Road Frontage Type
ZoningRG-5
Electric220 Volts
GasOn-Site
WaterPublic
SewerPublic Sewer
PERC Test
Association Required
Association Fee
Lot FeaturesGentle Sloping
Waterfront Features
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Disclosures for 69 West, Worcester MA 01609
Special Listing Conditions
Buyer Agent Compensation2.5
Facilitator Compensation1
Financial Information for 69 West, Worcester MA 01609
Association Fee
Tax0
Tax Year0
Assessed Value$0
Contact Information for 69 West, Worcester MA 01609