Property Description
Comprehensive permit approved and secured to build 20 net new rental units under chapter 40b. Rental units approved as 12 x 1 bedroom units, 6 x 2 bedroom units, 2 x 3 bedroom units Projected rents/monthly/annual income: pro forma included in attached sales deck. Buyer will work with already paid 40b consultant to finalize state approval. To finalize Buyer will need to secure financing. Building permit is waiting for new buyer to complete, with all documentation submitted and approved by the town. Hard costs based on actual bids which will be shared with prospective buyer(s). Possible condo conversion available / multiple exit strategies.
Features
- Sewer:
- Private Sewer
- Water:
- Public, At Street
- Electric Feature:
- At Street
- Road Type:
- Paved
- Gas:
- At Street
Additional Information
- Grade School:
- Pembroke Primary School
- High School:
- Pembroke Junior/ High School
- Market Time:
- 4
- Tax Year:
- 2025
- Status:
- Active
- Zoning:
- R-1
- Orig Price:
- $1,100,000
- Waterfront:
- No
- MlsStatus:
- Active
Address Map
- City:
- Pembroke
- State:
- MA
- County:
- Plymouth
- Postal Code:
- 02359
- Longitude:
- W71° 12' 0.6''
- Latitude:
- N42° 2' 9.5''
Land
52 Plain St, Pembroke, Massachusetts
1.41 Acre
$1,100,000
Listing ID #73519835
Basic Details
- Property Type :
- Land
- Listing Type :
- For Sale
- Price :
- $1,100,000
- Lot Area :
- 1.41 Acre
- Listing ID :
- 73519835
Agent info
Robb Enterprises
- Stephen E. Robb
- View website
- 617-212-0251
-
srobb@robbenterprises.com
Contact Agent