0 Franklin Ave Medford, MA
$3,300,000
Acres 1.96
Description
1.96 acres with 118.30 feet of contiguous frontage on Franklin Avenue in West Medford abutting the Middlesex Fells Reservation that presents a unique opportunity for development. The site is mostly open though the perimeter and far western portion of the site are wooded. Most of the site, including the cleared portion, is generally level. The wooded portion of the site to the far west slopes moderately downward to the west. Overall topography ranges from approximately 92 to 114 feet. No engineering has been done; however, the site has no apparent wetlands or exposed ledge and is improved with only small sheds. Public water, sewer, natural gas, and electric service are available on Franklin Avenue. The property is near Medford High School and Mary Kenney Way, a new 10-lot single-family subdivision that is currently under construction. A marketing package and conceptual development plan are available.
Listed by LandVest, Inc., Nicholas Pratt
Details
MLS 73229890
Status Pending
Price $3,300,000
DOM 230 days
Type Lot/Land
Lot Size 1.96 acres
Lot & Building Features
Sewer At Street, Public Sewer
Tax Year 2024
Taxes Paid $4,561
Water At Street, Public
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Financing
$
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.