Property Listing No Longer Available for Sale

97A Townsend Street, Pepperell, MA

Multi-family for Sale - $800,000 - 2,100 Sq. Ft. on 10.44 acres


Property Info

CIMLS#965566
Location
  97A Townsend Street
  Pepperell MA 01463
UpdatedNovember 6th, 2017
TypeMulti-family
Price$800,000
Building2,100 Sq. Ft.
Land10.44 acres

Property Description

Rolling meadow interspersed with mature trees and old stonewalls create a beautiful country setting for your dream horse farm, small subdivision or a housing development with an open space parcel. Property slopes down from street as a rolling meadow, rear of lot is lowest point. Approximately 80% of the land is cleared, and there is a 12 foot gravel driveway from the street to the house, and small barn located at the rear of the lot.

Location Description:

Property slopes down from street as a rolling meadow, rear of lot is lowest point.

Approx..80% of land is cleared, there is a house, small barn and 3 horses on property.

Highlights:

>> Development Potential:

>> 1. Subdivide into 5 equal lots of approx.. 1.8 acres with common driveway; keep existing home and sell four buildable lots to builder and sell existing home separately, or sell entire parcel to one builder who razes home;

>> 2. Pursue a Limited Initiative Petition, friendly Chapter 40B, Chapter 40R, or an Open Space Residential Development Petition (Pepperell Zoning). Seek to increase number of units by including affordable housing units in proposal;

>> 3. Seek additional abutting parcels to include in sale, to wit:

>>


Financials