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    0 Red Spring Rd

    Marlborough, MA 01752
    • $4,200,000
    • STATUS: Contingent
    • MLS #: 72844218
    Under Contract
    UPDATED: 43 min ago
    $4,200,000
    • 0
      BEDS
    • 46
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Kevin Curry of Berkshire Hathaway Homeservices Commonwealth Real Estate.

    Description

    Attention investors and developers. Unique LAND ONLY sale, located on Fort Pond Reservoir (Public Lake) consisting of 46+/- acres. There are 25, Land Leased, revenue producing, mostly waterfront lots, PLUS another area of 10+/- acres of wooded land. The wooded area sits high on gently sloped hill over-looking the lake. This area has easy access to 3 different City roads that have public water and sewer, hydrants, gas lines and electrical services. Property is Zoned A-2 residential, with 18,000 SF minimum lot size. The 25 Land Leased lots are on 5 year, renewable, leases. The improvements (Homes etc.) on the leased land are the property of the tenants. The leases are NNN with the only exception being an expense for maintenance of a private dirt road. Buyer is responsible for all due diligence. Opportunity for substantial rental income plus ownership of raw land.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-06-22T00:06:54.287.
    www.southcoastrealtors.com/homes/117947111
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    0 Red Spring Rd Marlborough, MA 01752

    • Price: $4,200,000
    • Status: Contingent
    • Updated: 43 min ago
    • MLS #: 72844218
    0
    Beds
    0
    Baths
    0
    ½ Baths
    46
    Acres
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    Property Description
    Attention investors and developers. Unique LAND ONLY sale, located on Fort Pond Reservoir (Public Lake) consisting of 46+/- acres. There are 25, Land Leased, revenue producing, mostly waterfront lots, PLUS another area of 10+/- acres of wooded land. The wooded area sits high on gently sloped hill over-looking the lake. This area has easy access to 3 different City roads that have public water and sewer, hydrants, gas lines and electrical services. Property is Zoned A-2 residential, with 18,000 SF minimum lot size. The 25 Land Leased lots are on 5 year, renewable, leases. The improvements (Homes etc.) on the leased land are the property of the tenants. The leases are NNN with the only exception being an expense for maintenance of a private dirt road. Buyer is responsible for all due diligence. Opportunity for substantial rental income plus ownership of raw land.
    Exterior Features

    Beachfront Yes Improvements Other (See Remarks) Land Description EasementsWetlandsWoodedStreamIrregular LotGentle SlopeSteep SlopeScenic View(S)Other (See Remarks) Road Type PrivateUnpavedPrivately Maint.Dead End Water View Features LakePublicOther (See Remarks) Waterfront LakeFrontageDirect AccessOther (See Remarks) Waterfront Flag Yes Waterview Flag Yes

    Property Features

    Adult Community No Assessments 1051300.00 Cable Available Yes Contingency Type Pending P&S Disclosure No Disclosures The Deeded Total Acreage is 48.9 Acres. But 4 Homes Are Not included in The SaleApproximately 2.9+/- Acres Excluded. Therefore Land For Sale is 46.0+/- Acres. Call Agent For Location Of Four Excluded Homes. There is A Sewer Easement That Runs Through The Undeveloped Area. See Agent. Documents On File Legal DescriptionTopographical MapLeasesAerial PhotoOther (See Remarks) Electric Features At Street Gas At StreetOther (See Remarks) Home Owners Association No Land Type Residential Lender Owned No Lot 10 Perc Test N Sewer PublicOther (See Remarks) Short Sale Lender App Required No Tax Year 2021 Taxes 14507.94 Water PublicOther (See Remarks) Zone Usage Single Family Zoning A-2

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Kevin Curry of Berkshire Hathaway Homeservices Commonwealth Real Estate.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2021-06-22T00:06:54.287.
     
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    RE/MAX Vantage
    77 State Rd
    Dartmouth MA, 02747
    Listing courtesy of Kevin Curry of Berkshire Hathaway Homeservices Commonwealth Real Estate.