32 Hemans St, Worcester, MA 01605

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Sold Price
$210,000
List Price
$280,000
Status
SOLD
MLS#
73486836
Lot Size (Acres)
0.18

Property Description

Prime development opportunity. Previously permitted for a four-unit residential building, this property offers an excellent opportunity for development in a highly convenient Worcester location. Although the prior permits have lapsed, the seller retains all previously approved plans, which can serve as valuable reference materials for reapplication. Prospective buyers are encouraged to contact the Worcester Building Department for guidance on the reissuance process. This parcel presents flexibility for a variety of investment strategies—build to rent and enjoy steady long-term income, or develop and sell as individual condominium units. Savvy investors may also wish to explore potential benefits under Opportunity Zone incentives. Ideally situated with easy access to downtown Worcester, shopping, dining, fitness centers, recreational amenities, and major routes.

Additional Information

Taxes
$1,381
Lot Description
Level, Corner Lot
Water
Public
Sewer
Public Sewer

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Listing courtesy of Listing Agent: Dan Meservey from Listing Office: Mathieu Newton Sotheby's International Realty.

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