$1,349,000

Est. Mortgage $6,733/mo *

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51 Chestnut St, Franklin, MA, 02038

51 Chestnut St, Franklin, MA, 02038
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"Chestnut Village" condominiums presents a unique opportunity to develop 27 total condominiums with 22 being conventional sales and 4 selling as affordable units, plus the property incudes 1 renovated three bedroom single family home that will be part of the condominium association. Planning Board & Conservation Approved with architectural, structural & site plans in hand for a turn-key project. The current owner has several projects that are ongoing, making it the right time to sell this project at a price already calculated to offer significant financial opportunity for a developer looking to build a wonderful 55+ living environment near downtown Franklin. There are many attractive local amenities for active residents including nearby shopping, restaurants public transportation, bike trails, parks golf course & more. Convenient to highways, state routes & the "T" commuter rail, residents have easy access to Boston or Providence entertainment too! Additional details by request.

Status:

Active

Type:

Lot / Acreage

Zoning:

SF-IV

Acreage:

9.69

Est. Taxes:

$6,029

Assessment

$511,400

Lot Description:

Easements, Wooded

Adult Communities:

Yes

Amenities:

Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Bike Path, Conservation Area, Highway Access, T-Station, University

MLS #:

73232868

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

No

Community Info

School Info

Walk Score

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Listing courtesy of Robert Simone, Better Living Real Estate, LLC