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listing
1 of 11
LandPending
$4,200,000
0 Red Spring Rd
Marlborough, MA 01752
Courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS Property Information Network
2,003,760Sq Ft
Est. Mortgage
$21,780/mo

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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Information courtesy of Berkshire Hathaway HomeServices Commonwealth Real Estate is subject to verification and is not guaranteed.
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