$1,100,000 ($195.87 per sqft)

Pending

Est. Mortgage $5,347/mo *

Quick Pre-Approval

255 Hampshire St, Methuen, (Central), MA, 01844

255 Hampshire St, Methuen, (Central), MA, 01844

19 rooms

9 beds

3 Full / 1 Half baths

1850

5,616 sqft

Attention Developers & Builders, this is the opportunity you've been waiting for! Nearly 7 acres of prime residential land straddling Methuen, MA and Salem, NH, offered as a package with an existing 1850 Colonial 3-family. Large contiguous parcels like this are extraordinarily rare in Methuen, where developable land of this scale is virtually nonexistent in today's market. This is a once-in-a-generation chance to assemble a meaningful residential development in one of the Merrimack Valley's most sought-after communities. The sprawling lot offers exceptional potential for subdivision into multiple home sites, subject to city/town approval. Bordered by the NH state line to the north & east, Rte 213 to the south, & Rte 28 to the west outstanding accessibility to major employment centers & commuting routes. Existing improvements include a 3-car garage, barn, & outbuildings. Don't miss your chance to leave your mark on this growing community! Includes 2 acres in Salem NH (MBLU155/ / 9514/ /


Status:

Pending

Town:

Methuen

Type:

Multi-family

Units:

3

Zoning:

RD

Garage:

3-car

Heating:

Steam, Oil

Cooling:

Central Air

Basement:

Full

Levels:

4

Parking:

9-car, Paved Drive, Off Street, Paved

Acreage:

7

Est. Taxes:

$11,668

Assessment

$1,102,800

Construction

Frame

Lot Description:

Level

Amenities:

Shopping

Appliances:

Range

MLS #:

73490012


Community Info

School Info

Walk Score

Mass Transit

Yelp


Listing courtesy of Team Zingales, Team Zingales Realty, LLC 888-832-6910