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3 photos
$210,000
$280,000 25.0%
Est. payment /mo
7,840 Sqft Lot
UPDATED:
Key Details
Sold Price $210,000
Property Type Vacant Land
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 73486836
Annual Tax Amount $1,381
Tax Year 2025
Lot Size 7,840 Sqft
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
Exterior
Community Features Public Transportation, Shopping, Park, Highway Access, Public School
Building
Lot Description Level, Corner Lot
Sewer Public Sewer
Water Public
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Listed by Mathieu Newton Sotheby's International Realty
Bought with Daniel Meservey • Mathieu Newton Sotheby's International Realty
Bought with Daniel Meservey • Mathieu Newton Sotheby's International Realty
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