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$ 280,000
Est. payment | /mo
7,840 Sqft Lot
$ 280,000
Est. payment | /mo
7,840 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73486836
HOA Y/N false
Annual Tax Amount $1,381
Tax Year 2025
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Residential
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.
Location
State MA
County Worcester
Zoning RG-5
Direction Use GPS
Exterior
Community Features Public Transportation, Shopping, Park, Highway Access, Public School
Building
Lot Description Level, Corner Lot
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Mathieu Newton Sotheby's International Realty
Nearby Locations
GET MORE INFORMATION
Steven Steiner
Broker | License ID: 068128
steven@whitehillestatesandhomes.com
48 Maple Manor Rd, Center Conway , New Hampshire, 03813, USA