$1,200,000
About this home
Exceptional Worcester development opportunity. The most recent concept plan provides for 42 residential units in seven buildings, together with substantial on-site parking and a thoughtfully designed internal site layout.This is far more than raw development land. Significant engineering, site planning and entitlement work has already been completed, with extensive plans and supporting documentation available for review. The project has undergone several design iterations, with the 42-unit / 7-building configuration representing the current development concept.Preliminary architectural plans and elevations have also been prepared for the proposed residential buildings.At approximately $28,571 per proposed unit, the property offers a compelling opportunity for a multifamily developer seeking a well-located Worcester project where a substantial amount of the preliminary development work has already been undertaken.Plans, engineering, approval documentation and additional project information available to qualified prospective purchasers. Buyer to perform its own due diligence regarding the current status, transferability and requirements of all permits and approvals.
Property details
- MLS #
- 73588669
- Property type
- Residential
- Subdivision
- N/A
- Status
- Active
- Days on market
- 1
- On market date
- October 8, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 2.56 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 155
- Student:teacher ratio
- 11.9:1
- District
- Worcester
- Enrollment
- 781
- Student:teacher ratio
- 13.7:1
- District
- Worcester
- Enrollment
- 1,308
- Student:teacher ratio
- 14.9:1
- District
- Worcester
Walkability
Blended score for Worcester's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
Market position
How this listing compares to current activity in Worcester, from live MLS data.
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 23 hr ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.