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    848 North Bedford St, Unit Phase Iii East Bridgewater, MA 02333

    For Sale
    $849,000

    Land approved for 30 rental apartments near Bridgewater State.

    Lot size:
    2.46 Acres

    Property Features for 848 North Bedford St

    General Information

    Lot size
    2.46 Acres

    Building Details

    Year built
    2026

    Source: Coldwell Banker Realty - Boston Agent William Laferriere

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Approved Development Land Opportunity

    This property in East Bridgewater, Massachusetts, presents a development opportunity. The site is approved for the construction of 30 rental apartments. Located approximately 4 miles from Bridgewater State University, the property is positioned to meet the demand for rental housing from students, faculty, staff, and commuters. The location offers proximity to Bridgewater State University, potentially ensuring consistent rental demand. A phased approach to construction and investment is possible. Recent zoning updates permit multi-family housing by right, which may streamline approvals. The property meets state requirements for multi-family zoning, potentially enhancing long-term value and eligibility for funding opportunities. The real estate market in East Bridgewater is described as thriving, with rising home values. The property is located approximately 10 minutes from the Commuter Rail.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    East Bridgewater
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.9634755
    Latitude
    42.0104907

    Nearby Similar for Sale

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      East Bridgewater Multifamily Investment Opportunity

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      Commercial Property with Licenses Included

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    FAQs

    What type of property is this?
    Commercial land - Land approved for 30 rental apartments near Bridgewater State.
    Where is this commercial land located?
    The property is located at 848 North Bedford St, Unit Phase Iii East Bridgewater, MA.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: - Approved for 30 rental apartments, presenting an immediate development opportunity.; - Prime location just 4 miles from Bridgewater State University, ensuring consistent rental demand.; - Zoning permits multi-family housing by right, streamlining approvals.
    (603) 361-7018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    848 North Bedford St, Unit Phase Iii East Bridgewater, MA 02333
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