Sold!
$3,380,000
1.96
Acres
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Property Description
1.96 acres with 118.30 feet of contiguous frontage on Franklin Avenue in West Medford abutting the Middlesex Fells Reservation that presents a unique opportunity for development. The site is mostly open though the perimeter and far western portion of the site are wooded. Most of the site, including the cleared portion, is generally level. The wooded portion of the site to the far west slopes moderately downward to the west. Overall topography ranges from approximately 92 to 114 feet. No engineering has been done; however, the site has no apparent wetlands or exposed ledge and is improved with only small sheds. Public water, sewer, natural gas, and electric service are available on Franklin Avenue. The property is near Medford High School and Mary Kenney Way, a new 10-lot single-family subdivision that is currently under construction. A marketing package and conceptual development plan are available.
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Highlights
- Acres: 1
- Property Type: Residential
- Property Class: Land
- Status: Closed
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Additional Details
- Lot Features: Level, Wooded, Cleared, Gentle Sloping
- Zoning: Sf-1
- Road Frontage Type: Public
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Utilities
- Electric: At Street
- Water Source: Public, At Street
- Sewer: Public Sewer, At Street
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Fees / Taxes
- Assessed Value: $535,300
- Taxes: $4,561
- Tax Year: 2024
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