Franklin, MA 02038,51 Chestnut St
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Franklin, MA 02038,51 Chestnut St
Franklin, MA 02038,51 Chestnut St
Franklin, MA 02038,51 Chestnut St
Franklin, MA 02038,51 Chestnut St

$1,075,000

Est. payment /mo

$1,349,000

20.3%
Est.Price: ?

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51 Chestnut St Franklin, MA 02038

9.69 Acres Lot

SOLD DATE : 04/04/2025

Key Details

Sold Price $1,075,000

Property Type Vacant Land

Sub Type Residential

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 73232868

Sold Date 04/04/25

HOA Y/N false

Annual Tax Amount $6,029

Tax Year 2024

Lot Size 9.690 Acres

Acres 9.69

Property Sub-Type Residential

Property Description

"Chestnut Village" condominiums presents a unique opportunity to develop 27 total condominiums with 22 being conventional sales and 4 selling as affordable units, plus the property incudes 1 renovated three bedroom single family home that will be part of the condominium association. Planning Board & Conservation Approved with architectural, structural & site plans in hand. The current owner has several projects that are ongoing, making it the right time to sell this project at a price already calculated to offer significant financial opportunity for a developer looking to build a highly desirable 55+ living environment near downtown Franklin. There are many attractive local amenities for active residents including nearby shopping, restaurants public transportation, bike trails, parks golf course & more. Convenient to highways, state routes & the "T" commuter rail, residents will have easy access to Boston or Providence entertainment too! Additional details by request.

Location

State MA

County Norfolk

Zoning SF-IV

Direction Diagonally cross the street from the entrance to Horace Mann Plaza and Wise Eye Care on Chestnut St

Exterior

Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Bike Path, Conservation Area, Highway Access, T-Station, University

Building

Lot Description Easements, Wooded

Sewer Public Sewer

Water Public

Others

Senior Community true

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Listed by Better Living Real Estate, LLC
Bought with Robert Simone • Better Living Real Estate, LLC
agent

Joyce Sullivan

Agent Owner | License ID: 9071385

+1(978) 852-5388

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