Sold!
$1,375,000
0.52
Acres
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Property Description
Development opportunity on .52 acre lot near downtown Salem on route 1A/114 near Salem State University. Approved plans for 10-unit condominium complex over two buildings (5 and 5). Rear building is gutted and ready to be built out. Front building would need to be constructed. All plans, approvals, etc available upon request.
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Highlights
- Property Class: Land
- Status: Closed
- Property Type: Residential
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Additional Details
- Lot Features: Gentle Sloping
- Zoning: Hist
- Road Frontage Type: Public
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Amenities
- Community Features: Public Transportation, Shopping, Park, Bike Path, Public School, University
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Utilities
- Electric: On-Site
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $1,158,300
- Taxes: $23,690
- Tax Year: 2024
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