$1,200,000
2.12
Acres
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Property Description
Approved 16 unit project with infrastructure 80% complete. Seller willing to hold paper or joint venture on it. This is an amazing opportunity to get to profit quickly and cut 6-12 months out of the construction schedule to get to the first sales. Remaining infrastructure bids and profit projections in hand which indicate a highly profitable project with limited risk . Underground services in place and just need tie ins at the street for water, sewer, and gas. Remaining infrastructure materials are also on site and in storage including pedestals, electric vaults, drain structures, retaining wall blocks, conduit, etc. Transformers readily available with Unitil as well. Close in September and you can get into this site quick, pour the foundations before winter, and have units ready for sale by Spring 2027. The 3 bed unit design, 8 with walk out basements, will hit the perfect price point for first time buyers where very few homes are available.
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Highlights
- Acres: 2
- Year Built: 2026
- Property Class: Commercial Sale
- Status: Active
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Additional Details
- Zoning: Rc
- Zoning Description: Legal Conforming
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Fees / Taxes
- Tax Year: 2026
- Taxes: $1,378
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