$349,000
0.16
Acres
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Property Description
Rare Development Opportunity in Worcester's Booming Canal District! Serious investors take notice! Prime cleared and level 7,173 sq ft lot zoned RG-5 with signed and stamped plans in hand for a 4-family structure plus potential to build a 6-family with proper permitting. Property to face Endicott St per city guidance.(Seller has applied for new street address) Current structure to be demolished prior to closing. All plans and permits will transfer to the new owner. Located steps from the Polar Park neighborhood and Crompton Park in one of Worcester’s fastest-growing areas. Minutes to all major highways, world - class hospitals, schools, universities, and downtown. Whether you're looking to build and hold for rental income or sell a brand-new multi family, this is an investment packed with potential. Come and be a part of Worcester's great revitalization! Seller prefers CASH/HARD MONEY.
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Highlights
- Area: Green Island
- Property Type: Residential
- Property Class: Land
- Status: Active
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Additional Details
- Lot Features: Level
- Road Frontage Type: Public
- Number of Lots: 1
- Zoning: Rg-5
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
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Utilities
- Electric: On-Site
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $123,600
- Taxes: $1,630
- Tax Year: 2025
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