Rare 1.5-Acre Development Opportunity Across from Lake QuinsigamondBring your blueprints to this rare 1.5-acre clear and level lot situated in one of the most sought-after locations in the area! Located directly across from Lake Quinsigamond and just minutes from the UMass Medical Center, this property is a goldmine for investors and developers. The expansive acreage offers incredible potential for a multi-unit project (per town approval) in a high-demand rental market. The property currently features a primary residence and a separate legal in-law house in the backyard. While the in-law unit needs work, the footprint and legal status provide a massive head start. Whether you build new or renovate for a multi-generational estate, the value here is in the land and the location!
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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