$210,000
0.18
Acres
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Property Description
Prime development opportunity. Previously permitted for a four-unit residential building, this property offers an excellent opportunity for development in a highly convenient Worcester location. Although the prior permits have lapsed, the seller retains all previously approved plans, which can serve as valuable reference materials for reapplication. Prospective buyers are encouraged to contact the Worcester Building Department for guidance on the reissuance process. This parcel presents flexibility for a variety of investment strategies—build to rent and enjoy steady long-term income, or develop and sell as individual condominium units. Savvy investors may also wish to explore potential benefits under Opportunity Zone incentives. Ideally situated with easy access to downtown Worcester, shopping, dining, fitness centers, recreational amenities, and major routes.
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Highlights
- Property Class: Land
- Status: Closed
- Property Type: Residential
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Additional Details
- Lot Features: Level, Corner Lot
- Zoning: Rg-5
- 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: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $104,000
- Taxes: $1,381
- Tax Year: 2025
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Mathieu Newton Sotheby's International Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.