848 North Bedford St, East Bridgewater MA 02333

$ 4,295,000
848 North Bedford St, East Bridgewater MA 02333,

Description

Exceptional development opportunity in East Bridgewater, Massachusetts! This prime property is approved for the construction of 140 multi-family apartments in three flexible phases, offering a strategic investment in the growing housing market. Located just 4 miles from Bridgewater State University, this site is ideally positioned to meet the increasing demand for rental housing from students, faculty, staff and commuters. Location: Close proximity to Bridgewater State University ensures consistent rental demand. Phased Development: Allows for a staged approach to construction and investment. Zoning Advantage: Recent updates permit multi-family housing by right, streamlining approvals and reducing regulatory hurdles. Meets state requirements for multi-family zoning, enhancing long-term value and eligibility for funding opportunities. Market Growth Potential: E Bridgewater’s real estate market is thriving, with rising home values.10 mins from Commuter Rail

Address: 848 North Bedford St, East Bridgewater MA 02333
State/County:
Zip: 02333
Country: US

Property Id: 719284
Price: $ 4,295,000
Property Lot Size: 64 ft2
CommunityFeatures: Public Transportation,Shopping,Pool
Directions: GPS
Disclosures: 140 rental apartment units in 4 multi-family buildings on 64.09 acres Zoning District and the R1 Zoning District. 40B with 36 of the 140 will be affordable to households earning up to 80% of Area Median Income("AMI") in accordance with state requirements for low or moderate income housing. $31K/door
IDXParticipationYN: 1
ListAgentMlsId: CT008098
ListOfficeMlsId: AN6192
ListingAgreement: Exclusive Right To Sell
Electric: At Street
Gas: At Street
MLSPIN_DISCLOSURE: N
MLSPIN_LISTING_ALERT: No
MLSPIN_MAIN_LO: AN6181
ListingContractDate: 2025-04-16
ListingId: 73361686
LotFeatures: Level
LotSizeArea: 64
LotSizeSquareFeet: 2787840
MLSPIN_OFFLINE_LIST_NO: 3896452
MLSPIN_PAGE: Nnn
ParcelNumber: 1010711
MlsStatus: New
ModificationTimestamp: 2025-04-19T15:34:00.000Z
OriginalEntryTimestamp: 2025-04-19T15:14:00.000Z
OriginalListPrice: 4295000
OriginatingSystemID: mlspin
OriginatingSystemKey: mlspin
OriginatingSystemName: MLS Property Information Network
PhotosChangeTimestamp: 2025-04-19T15:17:15.619Z
PhotosCount: 3
PrivateOfficeRemarks: Property features garage and surface parking for 297 vehicles, elevators, Community Room and playground. Seller will provide ZBA approvals and NOI. Construction building permit to be obtained by buyer. OWNER FINANCING AVAILABLE FOR QUALIFIED INVESTORS! Plans provided upon request.
RoadFrontageType: Public
Sewer: Public Sewer
ShowingInstructions: Call List Agent
StateOrProvince: MA
StatusChangeTimestamp: 2025-04-19T15:14:00.000Z
StreetName: North Bedford St
StreetNumber: 848
StreetNumberNumeric: 848
TaxAnnualAmount: 9999
TaxAssessedValue: 9999
TaxBookNumber: Nnn
TaxYear: 9999
WaterSource: Public
Zoning: Resi condo
Office Name: coldwell banker realty - boston
Member Name: william laferriere

$ 22,021.31
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 16,652.56

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848 North Bedford St, East Bridgewater MA 02333 © 2024 YOUR COMPANY NAME. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE, THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. EQUAL HOUSING OPPORTUNITY. THE SOURCE OF THE DISPLAYED DATA IS EITHER THE PROPERTY OWNER OR PUBLIC RECORD PROVIDED BY NON-GOVERNMENTAL THIRD PARTIES. IT IS BELIEVED TO BE RELIABLE BUT NOT GUARANTEED. THIS INFORMATION IS PROVIDED EXCLUSIVELY FOR CONSUMERS’ PERSONAL, NON-COMMERCIAL USE.

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