Fully Permitted Two Home Residential Development Parcel

Vacant Land for Sale
Catylist Listing ID: 30553587
Property Subtypes: Residential (Single Family)
Gross Land Area: 3.21 Acres
Sale Price: $330,000
Unit Price: $102,803 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/22/2020

Overview / Comments

Fully permitted residential development opportunity for two 1,800 to 2,000 sf homes on one 3.92 acre lot. This development would take the form of detached free-standing condominium ownership. Demolition of current structures would need to be performed.

Order of Conditions from the City of Amesbury, Architectural Renderings from Scott M Brown Architects, and Proposed Plans from Millenium Engineering in hand. This is a great opportunity to build in Amesbury, which has seen significant growth in the past few years.

All information was obtained from seller and public records, interested buyers should perform due diligence to confirm all details and suitability for buyer's intended purpose.

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Essex
Taxing Authority: City of Amesbury, MA
Tax ID/APN: 40/187
Zoning: R8
Property Visibility: Excellent
Largest Nearby Street: Amesbury, MA
Highway Access: I-95 & I-495, MA Route 150 & 110
Airports: Manchester Boston Regional and Boston Logan
Site Description: Fully permitted residential development opportunity for two 1,800 to 2,000 sf homes on one 3.92 acre lot. This development would take the form of detached free-standing condominium ownership. Demolition of current structures would need to be performed.
Lot Frontage: 80'
Lot Depth: 520'
Zoning Description: R8
Topography: Gently Sloping
Available Utilities: Electric, Water, Gas, Cable, Internet Access
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,282 27,269 66,084
Median Age: 39.82 42.09 43.82
Households: 3,476 10,947 26,853
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