"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 for a turn-key project. 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 wonderful 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 have easy access to Boston or Providence entertainment too! Additional details by request.
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Last Updated: October 9th, 2024 at 2:33pm
Walk/jog Trails
Conservation Area
Highway Access
Shopping
Golf
Park
Bike Path
Public Transportation
T-station
University
General Information for 51 Chestnut St, Franklin, Massachusetts 02038
Property TypeLand
Property Sub TypeLand
Price$1,349,000
MLS #73232868
Handicap Access / FeaturesNo
List Date2024-05-03
Special Listing ConditionsNo
StateMassachusetts
Street NameChestnut St
CityFranklin
Zip Code02038
CountyNorfolk
MLS StatusActive
AssociationNo
Heat Zones
Sold Date
Property Sub TypeLand
AdditionalParcelsYNNo
AvailabilityDate
Close Date
Close Price$0
Gas
Listing Service
UnparsedAddress51 Chestnut St, Franklin MA 02038
ZoningSF-IV
Interior Features for 51 Chestnut St, Franklin, Massachusetts 02038
ElectricAt Street
ElectricYes
Electric$0
Electric on PropertyNo
MLS Area (Major)
OffMarketDate
Exterior Features for 51 Chestnut St, Franklin, Massachusetts 02038
* Approximate Lot Size9.69 acres
Lot FeaturesEasements, Wooded
* Parking Spaces
* Sewer UtilitiesPublic Sewer
* Water UtilitiesPublic
Approx. Street Frontage
Parking FeaturesNo
Utilities
Cultivated Area
FarmLandAreaUnits
Lot Size (Square Feet)422,096 Sqft
MLSPIN_PERC_TEST
MLSPIN_PERC_TEST_DATE
PastureArea
Wooded Area
Disclosures for 51 Chestnut St, Franklin, Massachusetts 02038
Buyer Agent Compensation
Contingency
FinancingNo
Disclosures
Documents AvailableBlueprints, Brochure, Drawings, Land Survey, Order Of Conditions, Topographical Map
MLSPIN_COMP_BASED_ONNet Sale Price
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 51 Chestnut St, Franklin, Massachusetts 02038
Association Fee$0
Association Fee Frequency
Associaton Fee IncludesNo
AssociationNo
Assessed Value$511,400
Real Estate Tax$6,029
Tax Year2024
OriginalListPrice$1,349,000
Lifestyle Information for 51 Chestnut St, Franklin, Massachusetts 02038
Association AmenitiesNo
Frontage Type
GarageYNNo
WaterviewNo
Waterfront FeaturesNo
Location information for 51 Chestnut St, Franklin, Massachusetts 02038
Elementary School
High School
NumberOfLots
Marketing History for 51 Chestnut St, Franklin, Massachusetts 02038
MLSPIN_MARKET_TIME_BROKER155
MLSPIN_MARKET_TIME_PROPERTY155
PurchaseContractDate
Agent Information for 51 Chestnut St, Franklin, Massachusetts 02038