DEVELOPERS, here is your next project! 5 APPROVED BUILDING LOTS with the potential for as many as 10 residences. Located on Andrews Court and Whipple Woods Road, two quaint private ways in West Gloucester, these 5 building lots range from 12,300 sq/ft to 29,152 sq/ft. All lots are in R-10 zoning which allows for single family and two family homes. Each building lot has electricity at the street, and those lots which required conservation approval have Orders of Conditions. All lots have WATER AND SEWER LINES STUBBED ONTO THE LOT. Rarely does a collection of lots which are this turn key come to market. BRING YOUR ARCHITECTURAL PLANS AND START PROFITING. See agent regarding potential affordable housing requirements. Excellent condominium, rental or 1031 exchange opportunity.
Lot Description:
Wetlands, Wooded, Lot Staked
Amenities:
Park, Walk/Jog Trails, Conservation Area, Highway Access, Private School, Public School, T-Station
5 Lots Andrews Ct + Whipple Woods Rd, Gloucester, (West Gloucester), MA, 01930
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.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
