$725,000

About this home

SELLER MOTIVATED! 60 Units PENDING APPROVAL. Prime location for development in the heart of Worcester. Opportunity to purchase and develop 2.69 acres. Current plan includes five buildings with 12 units each for a total of 60 units in a process of approval by the city of Worcester. Parcel: 149 Plantation St, Worcester: 2.685 acres (116, 988 SF) with frontage on Plantation St and Orient St. Worcester is well positioned for new housing that can accommodate both MA and CT employees. The development is conveniently located near downtown, UMASS Campus, St Vincent Hospital and a variety of amenities, including easy highway access and more. Next door (2 Lapierre St - MLS#: 73195300) is already approved for two duplexes = 4 total units.

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Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

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