Rare 2.57-acre cleared land opportunity in Taunton's TOD Overlay District totaling 111,549 SF with sewer already on-site, saving an estimated $250K–$400K at closing. Flood Zone X. Non-brownfield confirmed. Zoned Industrial with TOD overlay allowing up to 85% building coverage the highest density allowance in the corridor. Suggestion is 55-unit townhome community or 250-unit apartment complex. HDIP Gateway City tax credit up to $2M available. Alliance Residential completed a 275-unit project one block away so the precedent is set. Phase 2 Downtown Taunton Station proposed adjacent to site. Buy at Phase 1 pricing with Phase 2 appreciation built in. AUL on record , administrative only, LSP on standby. Cash buyers only. No contingencies. Serious inquiries reach out to listing agent directly.
Lot Description:
Easements, Level, Cleared
Amenities:
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
30 William Hooke Ln, Taunton, MA, 02780
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
