aisellshomes.space

$280,000

Active

32 Hemans St

Worcester, MA, 01605

Land · MLS #73486836

Days on market

New today

Lot size

0.18 ac

0.18 acres

Lot

About this home

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.

Property details

Road type
Public
Electric
Fuses

Listed by Daniel Meservey · Mathieu Newton Sotheby's International Realty

Schedule a showing

32 Hemans St

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$1,812 / month

Down payment20% · $56,000
Interest rate6.50%

Loan term

Principal & interest
$1,416
Property tax
$280
Home insurance
$117

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses 1.2% of price (MA average).

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