$280,000
Active32 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 strategiesbuild 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
Estimated payment
$1,812 / month
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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