243 Riverneck Road Chelmsford, MA

$1,250,000
Acres 9.40
Photo of 243 Riverneck Road Chelmsford MA 01824




Description

ATTENTION: Developers, Builders & Investors. GREAT Opportunity to develop on 9.4 Acre site with 3+/- Acres Residential / & 6+Acres Industrial zoning. Multiple possibilities Townhomes (Conceptual Plan for 26-28 Units), Assisted Living, 55+, Nursing Homes & to Religious opportunities & more. Previously approved through 3/10/22 as a 40B Rental project for a single apartment building with 48 two bedroom units. Sewer, water, gas & electric at street." Reasonable" consideration will be given for time of permitting. Convenient to Chelmsford Center & Routes #129, #495, # 3, #128 & Train Stations in Billerica & Lowell. This area is in Chelmsford's 2017 designated Affordable Housing Plan.


Listed by Arakelian Real Estate, Inc., John Peterson

Details

MLS 72630499
Status Pending
Price $1,250,000
DOM 1741 days
Type Lot/Land
Lot Size 9.40 acres

Lot & Building Features

Sewer Public Sewer
Tax Year 2021
Taxes Paid $4,524
Water Public
Waterfront Beach Front, Lake/Pond, Beach Ownership(Public)

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.