$175,000
Active18 Crown St
Worcester, MA, 01609
Land · MLS #73556282
Days on market
8 days
Lot size
0.26 ac
0.26 acres
Lot
About this home
Approved land for four 3-bedroom, 2.5-bath attached townhouses at 18 Crown Street in Worcester, each unit approximately 1,500 sq ft with a first-floor garage. Entitlement work is done: the Historical Committee has approved the plans, and the Planning Board has endorsed an ARP for the site (approved, recording to occur prior to closing). The 11,219.95 sq ft lot includes 8 parking spaces. Comparable finished townhouses in the area are trading around $525,000 per unit, putting the projected gross exit north of $2,000,000 against a $175,000 land basis a shovel-ready opportunity for a builder or investor looking to skip the entitlement process.
Location
18 Crown St, Worcester, MA, 01609
Property details
- Electric
- 60 Amps/Less
Listed by Candor Investment Group · eXp Realty LLC
Schedule a showing
18 Crown St
Estimated payment
$1,148 / month
Loan term
- Principal & interest
- $900
- Property tax
- $175
- Home insurance
- $73
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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