51 Chestnut St Franklin, MA
$1,349,000
Acres 9.69
Description
"Chestnut Village" condominiums presents a unique opportunity to develop 27 total condominiums with 22 being conventional sales and 4 selling as affordable units, plus the property incudes 1 renovated three bedroom single family home that will be part of the condominium association. Planning Board & Conservation Approved with architectural, structural & site plans in hand for a turn-key project. The current owner has several projects that are ongoing, making it the right time to sell this project at a price already calculated to offer significant financial opportunity for a developer looking to build a wonderful 55+ living environment near downtown Franklin. There are many attractive local amenities for active residents including nearby shopping, restaurants public transportation, bike trails, parks golf course & more. Convenient to highways, state routes & the "T" commuter rail, residents have easy access to Boston or Providence entertainment too! Additional details by request.
Listed by Better Living Real Estate, LLC, Robert Simone
Details
MLS 73232868
Status Active
Price $1,349,000
DOM 226 days
Type Lot/Land
Lot Size 9.69 acres
Lot & Building Features
Sewer Public Sewer
Tax Year 2024
Taxes Paid $6,029
Water Public
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Financing
$
6.75%
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per month
Principal & Interest
Monthly Taxes
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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.