380 384 Main Street Salem, NH SOLD
$3,370,000
Acres 4.94
Presented By
Sold By
Molly Cottle, Realty One Group ReliantDescription
Attention Developers! Adjusted Price. Property now being sold as is! Proposed Preconstruction/Renovation Project, 55 Units, 55+, 3 Existing Buildings. Beautifully landscaped 5-acre property, designed specifically for individuals 55 and over. This development includes three distinct buildings: Proposed project: Building 3 is Approved. Building 1, 2 no approvals and all building are being sold "As Is". Building (1) 32 condominiums needs, approval Building (2) 8 condominiums with full clubhouse, needs approval Building (3) 15 condominiums, approved. Total Units: 55 carefully thought out condos and a mix of 1 and 2 bedroom units with a few studios. Building 1 is gutted and ready for construction. Building 2 has not been touched and Building 3 is rough framed inside. Located on a tranquil corner. There is an approval for 24 units in Building 3. Located just 3 miles from the Tuscan Village in Salem, NH. This preconstruction development design had thoughtfully planned amenities that foster community. A gate at the entrance to create a gated community Balcony's on all buildings A bluebird sanctuary - 15 boxes Scenic walking paths around the perimeter of the property A dog park, complete with RFID entry Covered parking for 16 cars, up to 242 parking spaces.
Listed by BHHS Verani Bradford, Meredith Gavin 603-819-8104
Sold by Realty One Group Reliant, Molly Cottle
Details
MLS 5017597
Price $3,370,000
Status Closed
DOM 73 days
Type Lot/Land
Lot Size 4.94 acres
Lot & Building Features
Utilities Cable - Available
Sewer 1500+ Gallon
Tax Year 2024
Water Public Water - At Street
Lot Description Subdivision
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Financing
$
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
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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.