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- LoopNet Team
149 Plantation St
Worcester, MA 01604
60 Units Pending Approval in Worcester · Land For Sale
·
2.69 AC
INVESTMENT HIGHLIGHTS
- Prime location for development in the heart of Worcester.
- 60 Units Pending Approval
- The development is conveniently located near downtown, UMASS Campus & St Vincent Hospital
- Opportunity to purchase and develop 3.02 acres.
- Housing to accommodate both MA and CT employees.
PROPERTY FACTS
| Property Type | Land | Proposed Use | Apartment Units |
| Property Subtype | Residential | Total Lot Size | 2.69 AC |
| Zoning | RL-7 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 2.69 AC |
| Zoning | RL-7 |
DESCRIPTION
Prime location for development in the heart of Worcester. Opportunity to purchase and develop 3.02 acres. Currently approved for 2 duplex (4 units total) and in the process of approving an additional 60 units. There are engineers and architects already in place that seller is working with. Current plan includes five buildings with 12 units each for a total of 60 units in a process of approval by the city of Worcester. The other duplexes showing on the plan it’s been approved = for a total of 4 units. Parcel 1: 149 Plantation St, Worcester: 2.685 acres (116,988 SF) with frontage on Plantation St and Orient St. Parcel 2: 2 Lapierre St, Worcester: .328 acres (14,310 SF) with frontage on Ridge Rd and Orient St. Worcester is well positioned for new housing that can accommodate both MA and CT employees. The development is conveniently located near downtown, UMASS Campus, St Vincent Hospital and a variety of amenities, including easy highway access and more.
PROPERTY TAXES
| Parcel Number | WORC-000019-000016-000001B | Improvements Assessment | $0 |
| Land Assessment | $124,200 | Total Assessment | $124,200 |
PROPERTY TAXES
