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$175,000
Est. payment /mo
0.26 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73556282
HOA Y/N false
Annual Tax Amount $1,500
Tax Year 2026
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type Residential
Property Description
Approved land for four 3-bedroom, 2.5-bath attached townhouses at 18 Crown Street in Worcester, each unit approximately 1,500 sq ft with a first-floor garage. Entitlement work is done: the Historical Committee has approved the plans, and the Planning Board has endorsed an ARP for the site (approved, recording to occur prior to closing). The 11,219.95 sq ft lot includes 8 parking spaces. Comparable finished townhouses in the area are trading around $525,000 per unit, putting the projected gross exit north of $2,000,000 against a $175,000 land basis — a shovel-ready opportunity for a builder or investor looking to skip the entitlement process.
Location
State MA
County Worcester
Zoning RG-5
Direction Please use GPS
Building
Lot Description Other
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by eXp Realty LLC
NEARBY SCHOOL & BUSINESS
