51 Chestnut St Active

Franklin,MA 02038

$ 1349000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 73232868

HOA Y/N false

Annual Tax Amount $6,029

Tax Year 2024

Lot Size 9.690 Acres

Acres 9.69

Property Description

"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.

Location

State MA

County Norfolk

Zoning SF-IV

Direction Diagonally cross the street from the entrance to Horace Mann Plaza and Wise Eye Care on Chestnut St

Exterior

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

Building

Lot Description Easements,Wooded

Sewer Public Sewer

Water Public

Others

Senior Community true

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