$1,599,000
3
Acres
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Property Description
Developers-RE Portfolio Mgrs-Investors. The City of Taunton has "APPROVED PLANS" to construct a 36-unit apartment complex. (On File) The owners will present a proposal to increase the number of units (up to 56 apts), but currently, the permit is for 36 Apts. (Price for the 36 approved units is $ 1,599,000.). Should the City award the increase in units, the price will increase accordingly—a "shovel-ready" approved opportunity with excellent upside potential. Let us help you become part of Taunton's growing economy.
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Highlights
- Acres: 3
- Property Type: Residential
- Property Class: Land
- Status: Active
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Additional Details
- Lot Features: Easements, Level, Wetlands, Wooded, Additional Land Available, Irregular Lot, Cleared
- Road Frontage Type: Public, City Street
- Number of Lots: 3
- Zoning: Hb
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, Sidewalks
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Utilities
- Electric: On-Site, At Street
- Water Source: Public
- Sewer: Public Sewer, On-Site, At Street
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Fees / Taxes
- Assessed Value: $424,100
- Compensation Based On: Gross/Full Sale Price
- Sub Agent Compensation: 2%
- Tax Year: 2025
- Buyer Agent Compensation: 2%
- Facilitator Compensation: 1%
- Sub-Agency Relationship Offered: Yes
- Taxes: $4,639
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Listing information provided courtesy of Lynnway Associates.
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