Raw land consisting of parcels located at “0” Vernon Street for a total of 23.56 acres. Excellent commuter location in North Middleboro. Minutes to Interstate 495, Route 18 and Route 44 with quick access to MBTA Commuter Rails in both Middleboro and Bridgewater. Buyer/Buyer’s Agent to conduct their own due diligence. Parcels present complex yet compelling opportunities ideal for experienced builders/developers. Potential development scenarios include creating a large retreat-style lot, establishing a traditional multi-lot residential subdivision, or pursuing a multi-lot development under Open Space Development Guidelines. Additional recreational or alternative uses may also be viable. Key development considerations include navigating wetlands crossings, securing NHESP approval, and obtaining necessary approvals from the Town and Conservation authorities. Preliminary engineering work, including wetlands flagging, has been initiated by the Owner. Seller is Licensed MA RE BROKER.
Lot Description:
Wetlands, Wooded, Irregular Lot
Amenities:
Walk/Jog Trails, Stable(s), Conservation Area, Highway Access, T-Station
Off Vernon, Middleboro, MA, 02346
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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