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$ 4,295,000
Est. payment | /mo
64 Acres Lot
$ 4,295,000
Est. payment | /mo
64 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73361686
HOA Y/N false
Annual Tax Amount $9,999
Tax Year 9999
Lot Size 64.000 Acres
Acres 64.0
Property Sub-Type Residential
Property Description
Exceptional development opportunity in East Bridgewater, Massachusetts! This prime property is approved for the construction of 140 multi-family apartments in three flexible phases, offering a strategic investment in the growing housing market. Located just 4 miles from Bridgewater State University, this site is ideally positioned to meet the increasing demand for rental housing from students, faculty, staff and commuters. Location: Close proximity to Bridgewater State University ensures consistent rental demand. Phased Development: Allows for a staged approach to construction and investment. Zoning Advantage: Recent updates permit multi-family housing by right, streamlining approvals and reducing regulatory hurdles. Meets state requirements for multi-family zoning, enhancing long-term value and eligibility for funding opportunities. Market Growth Potential: E Bridgewater's real estate market is thriving, with rising home values.10 mins from Commuter Rail
Location
State MA
County Plymouth
Zoning Resi condo
Direction GPS
Exterior
Community Features Public Transportation, Shopping, Pool
Building
Lot Description Level
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Coldwell Banker Realty - Boston