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848 N Bedford St 1.5 - 64 Acre Commercial Land Lots Offered at $849,000 - $7,500,000 Per Lot in East Bridgewater, MA 02333
Investment Highlights
- 10 mins to Abington Commuter Rail, offering convenient access to metropolitan Boston.
- Zoning allows multifamily by right, reducing regulatory hurdles.
- Located 4 miles of Bridgewater St University, ensuring rental demand.
- East Bridgewater experiencing rising home values, supporting long-term value.
Executive Summary
For Sale, this 64+ AC approved for 80 townhome and 140 unit housing to be delivered in 4 Phases.
Phase 1 (Lot D): This phase includes an 80 townhome building installment.
Phase 2 (Lot B): This phase includes a single building installment with 30 apartment units. Rights and allowances to build a 30 rental apartments units. Building is already Zoned for this build out. 40B Project, 25% will be affordable (8 units) to households earning up to 80% of Area Median Income("AMI")
Phase 3 (Lot A): This phase includes a single building installment with an additional 30 apartment units.
Phase 4 (Lot C): This phase includes a two building installment with an additional 40 apartments each, totaling 80 apartment units.
This East Bridgewater property represents an exceptional development opportunity with approvals in place. Located just 4 miles from Bridgewater State University, the site is well-positioned to capture strong rental demand from students, faculty, and local commuters.
Zoning Advantage: Recent updates permit multi-family housing by right, streamlining approvals and reducing regulatory hurdles. Meets state requirements for multi-family zoning, enhancing long-term value and eligibility for funding opportunities. Market Growth Potential: E Bridgewater’s real estate market is thriving, with rising home values. 10 mins from Commuter Rail.
Call Agent William Laferriere (CBRB) at 603-361-7018 for details.
Seller will provide ZBA approvals and NOI. Construction building permit to be obtained by buyer. OWNER FINANCING AVAILABLE FOR QUALIFIED INVESTORS! Plans provided upon request.
Phase 1 (Lot D): This phase includes an 80 townhome building installment.
Phase 2 (Lot B): This phase includes a single building installment with 30 apartment units. Rights and allowances to build a 30 rental apartments units. Building is already Zoned for this build out. 40B Project, 25% will be affordable (8 units) to households earning up to 80% of Area Median Income("AMI")
Phase 3 (Lot A): This phase includes a single building installment with an additional 30 apartment units.
Phase 4 (Lot C): This phase includes a two building installment with an additional 40 apartments each, totaling 80 apartment units.
This East Bridgewater property represents an exceptional development opportunity with approvals in place. Located just 4 miles from Bridgewater State University, the site is well-positioned to capture strong rental demand from students, faculty, and local commuters.
Zoning Advantage: Recent updates permit multi-family housing by right, streamlining approvals and reducing regulatory hurdles. Meets state requirements for multi-family zoning, enhancing long-term value and eligibility for funding opportunities. Market Growth Potential: E Bridgewater’s real estate market is thriving, with rising home values. 10 mins from Commuter Rail.
Call Agent William Laferriere (CBRB) at 603-361-7018 for details.
Seller will provide ZBA approvals and NOI. Construction building permit to be obtained by buyer. OWNER FINANCING AVAILABLE FOR QUALIFIED INVESTORS! Plans provided upon request.
Property Facts
| Price | $849,000 - $8,349,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| Sale Condition | Redevelopment Project | Total Lot Size | 65.50 AC |
| No. Lots | 2 | No. Stories | 2 |
| Property Type | Land | ||
| Zoning | R - Residential Land | ||
| Price | $849,000 - $8,349,000 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| No. Lots | 2 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 65.50 AC |
| No. Stories | 2 |
| Zoning | R - Residential Land |
2 Lots Available
Lot
| Price | $7,500,000 | Lot Size | 64.00 AC |
| Price Per AC | $117,187.50 |
| Price | $7,500,000 |
| Price Per AC | $117,187.50 |
| Lot Size | 64.00 AC |
All 4 Phases Included in price, ~64 AC of raw land with a few rolling hills.
Lot
| Price | $849,000 | Lot Size | 1.50 AC |
| Price Per AC | $566,000.00 |
| Price | $849,000 |
| Price Per AC | $566,000.00 |
| Lot Size | 1.50 AC |
Phase II only included in price, ~1-2 acres of raw land for development
Description
The property offers convenient access to the Abington Commuter Rail in only 10 minutes, enhancing its appeal for residents seeking quick connections to Boston and surrounding areas. Recent zoning updates permit multifamily housing by right, streamlining the approval process and providing flexibility for phased construction. Situated in a steadily appreciating market, this development site combines location advantages with a favorable regulatory environment for investors and developers targeting growth in the Greater Plymouth County region.
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $166,500 | |
| Land Assessment | $871,200 | Total Assessment | $1,037,700 |
Property Taxes
Parcel Numbers
Land Assessment
$871,200
Improvements Assessment
$166,500
Total Assessment
$1,037,700
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848 N Bedford St