243 Riverneck Road, Chelmsford, MA 01824

$1,250,000

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List Price
$1,250,000
Status
UNDER AGREEMENT
MLS#
72630499
Lot Size (Acres)
9.4

Property Description

ATTENTION: Developers, Builders & Investors. GREAT Opportunity to develop on 9.4 Acre site with 3+/- Acres Residential / & 6+Acres Industrial zoning. Multiple possibilities Townhomes (Conceptual Plan for 26-28 Units), Assisted Living, 55+, Nursing Homes & to Religious opportunities & more. Previously approved through 3/10/22 as a 40B Rental project for a single apartment building with 48 two bedroom units. Sewer, water, gas & electric at street." Reasonable" consideration will be given for time of permitting. Convenient to Chelmsford Center & Routes #129, #495, # 3, #128 & Train Stations in Billerica & Lowell. This area is in Chelmsford's 2017 designated Affordable Housing Plan.

Additional Information

Taxes
$4,524
Lot Description
Flood Plain, Sloped, Wooded
Water
Public
Sewer
Public Sewer

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Listing courtesy of Listing Agent: John R. Peterson from Listing Office: Arakelian Real Estate, Inc..

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