$1,500,000
0.5
Acres
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Property Description
New Price – $1.5M! Opportunity Zone! Previously approved mixed-use market rate development at 163-175 Main Street, Marlborough, MA. 67 residential apartments, 2 retail spaces & 43 garage parking spaces. E on Main will become the featured new rental development project in Downtown Marlborough. 31-two bedroom layouts, 33-one bedroom layouts, 3-studios and 2 retail spaces totaling 2953 square feet. Some homes offering private terraces- along with a common roof deck for all tenants. Prime location, less than 1.5-miles east of I-495 and less than 5 miles north of I-90, providing direct access to Greater Boston and Worcester. The Town of Marlborough boasts a population of approximately 40,000 residents and has corporate representation from companies such as TJX, Raytheon, Hewlett-Packard and Boston Scientific. RED HOT emerging area with pending or approved new development sites including: Green District Phases 3 & 4, Exchange Place, Walcott Heritage Farms & Alta Marlborough.
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Highlights
- Property Class: Land
- Status: Closed
- Property Type: Residential
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Additional Details
- Lot Features: Level
- Zoning: 9999999
- Road Frontage Type: Public
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Amenities
- Community Features: Public Transportation, Shopping, Park, Highway Access, Public School
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Utilities
- Electric: Nearby
- Water Source: At Street
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $9,999,999
- Taxes: $25,995
- Tax Year: 2022
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