DEVELOPMENT OPPORTUNITY! 18,000+ sf cleared buildable lot with town water, sewer, gas and electric stubbed to the property. Engineering plans and conceptual development plan in hand from architect showing design for 3 story building with 13 units and 13 on grade parking spaces. Perfect opportunity for the right developer to maximize the potential and return here. Located in the pro-development area of the Stoughton Center District (SCD), Flex zoning. Multiple allowed uses including mixed-use building, child care, senior housing, retail, medical offices, research offices, restaurant, religious purposes etc. Phase 1 21E completed and passed. Stoughton is booming with several new mixed-use buildings close by, new high school and library. Prime location close to commuter rail, downtown, and 30-35 minute drive to Boston.
Lot Description:
Level, Cleared
Amenities:
Public Transportation, Conservation Area, Highway Access, Public School, T-Station
Facilitator Compensation:
1
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No
3 and 23 Morton St., Stoughton, MA, 02072
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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