Knollwood St Norton, MA 02766
- Land
- 2.98 lot acres
Current Use by Public Records
- Land
Property Details for 0 Knollwood St
- Lot size
- 2.98 lot acres
- Property type
- Land
Description
This exceptional 2.98-acre parcel of land presents a unique opportunity for development in Norton, Massachusetts. Located at 0 Knollwood Street, 0 Rear Kensington, Norton, MA 02766, this property offers significant potential. Currently zoned for residential use, the land boasts convenient access to utilities, with water, sewer, and natural gas readily available nearby. The asking price is $299,999. The seller is open to financing options, requiring a 20% down payment. This property is being sold "as is," allowing for buyer due diligence. A key consideration is the current low percentage of affordable housing in Norton, potentially making this land suitable for a 40B development project. Preliminary assessments suggest the possibility of developing up to 16 residential units, subject to all necessary approvals and permits. This presents a compelling investment opportunity for developers seeking to capitalize on the demand for housing in this area. Serious inquiries are encouraged to conduct their own due diligence and explore the full potential of this remarkable property. The property is conveniently located in Norton, MA, zip code 02766.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Norton
- County
- Bristol
- State
- Massachusetts
- Longitude
- -71.1671
- Latitude
- 42.0013
