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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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243 Riverneck Rd , Chelmsford, MA 01824
$1,250,000
Est. Payment: $2,777.78/mo
0 Bed
0 Bath
0 Sqft
Status: Under Agreement | Days on site: 2375
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D02001 - D0007914
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House 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.

Highlights

Listed by John R. Peterson , 781-820-3858 Arakelian Real Estate, Inc. , 978-667-2301.

Property Type

Vacant Land

Lot/Acreage
9.4

County

Middlesex

Listing ID

72630499

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Water:Public

Exterior Features

Lot:Flood Plain,Sloped,Wooded,Lake/Pond,Beach Ownership(Public)
Zoning:RB/INDUST
Sewer:Public Sewer
Principal Interest
$2,778
Taxes
$377

Home Price

$1,250,000

Loan Details

30 yrs
%

Down Payment

20%
$250,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,777.78 $377.00 $0.00 $3,154.78
Yearly $33,333.33 $4,524.00 $0.00 $37,857.33
Total $1,000,000.00 $135,720.00 $0.00 $1,135,720.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Chelmsford, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.