848 North Bedford St Phase Iii
$849,000
60
Beds
30
Baths
999
Sqft
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NEW CONSTRUCTION
$849,000
60
Beds
30
Baths
999
Living Area
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Property Description
Exceptional development opportunity in E Bridgewater, Massachusetts! This prime property is approved for the development of 30 rental apartments. Located just 4 miles from Bridgewater State University, this site is ideally positioned to meet the increasing demand for rental housing from students, faculty, staff and commuters. Location: Close proximity to Bridgewater State University ensures consistent rental demand. Phased Development: Allows for a staged approach to construction and investment. Zoning Advantage: Recent updates permit multi-family housing by right, streamlining approvals and reducing regulatory hurdles. Meets state requirements for multi-family zoning, enhancing long-term value and eligibility for funding opportunities. Market Growth Potential: E Bridgewater’s real estate market is thriving, with rising home values. 10 mins from Commuter Rail.
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Highlights
- Acres: 2
- Parking Spots: 60
- Property Type: 5+ Family - 5+ Units Up/Down
- Total Rooms: 99
- Status: Active
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 2026
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Additional Details
- Foundation: Concrete Perimeter
- SqFt Source: Owner
- Year Built Details: Approximate, To Be Built
- Zoning: Resi condo
- Lot Features: Gentle Sloping
- Total Number of Units: 30
- Year Built Source: Builder
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Amenities
- Community Features: Public Transportation, Shopping
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $9,999
- Taxes: $9,999
- Tax Year: 9999
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Listing information provided courtesy of Coldwell Banker Realty - Boston.
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