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40-56 Fitchburg Rd
Townsend, MA 01469
Pine Ridge Estates Condo Community · Multifamily Property For Sale
·
83 Units
Investment Highlights
- Fully approved 30 unit development with construction plans
- 75 of 83 units are upgraded with floors, cabinets & granite counter tops
- 3 Brand new septic tanks installed in the last 3 years
- Opportunity to own 88 out of 96 condos within the community
- 3 Buildings are equipped with new efficient heating and hot water systems
- Coin-op laundry located in each building
Property Facts
| No. Units | 83 | Building Size | 72,000 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1970 |
| Building Class | C | Parking Ratio | 2.49/1,000 SF |
| Lot Size | 20.74 AC | ||
| Zoning | RB2 - Multifamily | ||
| No. Units | 83 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 20.74 AC |
| Building Size | 72,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1970 |
| Parking Ratio | 2.49/1,000 SF |
| Zoning | RB2 - Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Heating
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Stainless Steel Appliances
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tennis Court
- Basketball Court
- Smoke Free
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | $780.00 | 500 |
| 1+1 | 38 | $1,010 | 600 |
| 2+1 | 41 | $1,100 | 700 |
Property Taxes
| Parcel Number | TOWN-000017-000039 | Improvements Assessment | $68,900 |
| Land Assessment | $0 | Total Assessment | $68,900 |
Property Taxes
Parcel Number
TOWN-000017-000039
Land Assessment
$0
Improvements Assessment
$68,900
Total Assessment
$68,900
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