Description
This approved parcel comes with fully designed and approved plans for a 9-unit development, featuring 8 sleek studio apartments above a prime commercial space. With permits expected by the end of Q1 2025, the project will be shovel-ready and set for construction to begin in 2025. Don’t miss this rare opportunity to bring a high-demand development to market! Proposal in hand from local contractor who is prepared to build the project should buyers be interested.
Property Id: 544323
Price: $ 669,900
Property Lot Size: 0 ft2
CommunityFeatures: Public Transportation,Shopping,Pool,Tennis Court(s),Park,Walk/Jog Trails,Stable(s),Golf,Medical Facility,Laundromat,Bike Path,Conservation Area,Highway Access,House of Worship,Marina,Private School,Public School,T-Station,University
Directions: On American Legion Highway
Disclosures: Listing broker has ownership interest in property. 5 out of 8 units are approved workforce housing units at 100% AMI. Taxes calculated by taking 579 ALH parcel percentage 39.89% of total parcel and multiplying it by 2024 property tax.
DocumentsAvailable: Building Permit
IDXParticipationYN: 1
ListAgentMlsId: CN200504
ListOfficeMlsId: AN2838
ListingAgreement: Exclusive Right To Sell
Electric: None
Gas: None
MLSPIN_DISCLOSURE: Y
MLSPIN_LISTING_ALERT: No
MLSPIN_MAIN_LO: AN2838
ListingContractDate: 2025-01-16
ListingId: 73326842
LotFeatures: Cleared
LotSizeArea: 0.09
LotSizeSquareFeet: 3791
MLSPIN_OFFLINE_LIST_NO: 3833033
MLSPIN_PAGE: 344
MlsStatus: Price Changed
NumberOfLots: 1
OriginalListPrice: 699900
OriginatingSystemID: mlspin
OriginatingSystemKey: mlspin
OriginatingSystemName: MLS Property Information Network
PhotosCount: 3
RoadFrontageType: Public
Sewer: Public Sewer
ShowingInstructions: Call List Office,Call List Agent,Appointment Required,Email List Agent
StateOrProvince: MA
StreetName: American Legion Highway
StreetNumber: 579
StreetNumberNumeric: 579
TaxAnnualAmount: 5056.92
TaxAssessedValue: 497300
TaxBookNumber: 68514
TaxYear: 2024
WaterSource: Public
Zoning: CC-1
Office Name: burns realty & investments
Member Name: adam burns
$ 3,434.71
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 2,597.33
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