Price Reduced 14.29%

$599,900 ($304.83 per sqft)

Est. Mortgage $3,153/mo *

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400 Salem Rd, Dracut, MA, 01826

400 Salem Rd, Dracut, MA, 01826
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7 rooms

4 beds

1 Full / 1 Half baths

1958

Cape

1,968 sqft

Attention all builders and investors! This is a rare opportunity to acquire two parcels of land totaling 5.27 acres, offering endless potential for development and investment in a prime location.The front lot features an existing house awaiting renovation, presenting the perfect canvas for your vision. A 10-foot variance is needed to make it buildable, opening the door to countless possibilities for expansion or redevelopment. Beyond the existing structure lies vast acreage, providing ample space for additional construction or subdivision, subject to necessary approvals. Whether you're looking to create a residential community, this expansive land offers the flexibility to bring your ideas to life. Don't miss this rare chance to capitalize on the booming real estate market and secure your foothold in this desirable location.

Status:

Active

Type:

Single-family residential

Laundry Remarks:

Washer Hookup

Zoning:

R1

Garage:

2-car Detached

Heating:

Baseboard, Oil

Cooling:

None

Basement:

Bulkhead, Unfinished

Parking:

5-car Detached, Off Street

Acreage:

5.27

Est. Taxes:

$5,098

Assessment

$487,800

Utilities

Washer Hookup

Lot Description:

Wooded

Appliances:

Oven, Range, Refrigerator

MLS #:

73237593

Buyer Agent Compensation:

2%%

Facilitator Compensation:

0%%

Compensation Based On:

Net Sale Price

Sub-Agency Relationship Offered:

No

Community Info

School Info

Walk Score

Mass Transit

Yelp

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Listing courtesy of The Decotis Group, Lyv Realty