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$1,349,000   Price Analysis
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51 Chestnut St
Franklin, MA 02038
Unknown bed 0 bath unknown SqFt ($0/SqFt)
9.69 acre lot.
Listed 2024-05-03, Taxes $6,150
Ⓧ USDA Ineligible
due to property

near Franklin

Chestnut Village condomniums presents a unique opportunity to develop 27 tot al condominiums with 22 being conventional sales and 4 selling as affordable units

Plus the property incudes 1 renovated three bedroom single family home that will be part of the condominium association. Planning Board and Conservation Approved with architectural, structural and site plans in hand for a turn-key project. The current owner has several projects that are ongoing, making it the right time to sell this project at a price already calculated to offer significant financial opportunity for a developer looking to build a wonderful 55+ living environment near downtown Franklin. There are many attractive local amenities for active residents including nearby shopping, restaurants public transportation, bike trails, parks golf course and more. Convenient to highways, state routes & the T commuter rail, residents have easy access to Boston or Providence entertainment too!

Additional details by request.


Presented by Bob Simone at
Better Living Real Estate, Llc.
Listing Agent Photo

Property MLS #73232868 from MLSPIN

Lot Description: Easements, Wooded
Lot Size Acres: 9.69
Lot Size Square Feet: 422096

Road Frontage Type: Public

Calculated Total Monthly Association Fees: 0
Senior Community: Yes

Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Bike Path, Conservation Area, Highway Access, T-Station, University

Annual Tax Amount: 6029
Source Listing Status: Active
County: Norfolk
Directions: Diagonally cross the street from the entrance to Horace Mann Plaza and Wise Eye Care on Chestnut St
Tax Year: 2024
Source Property Type: Land
Parcel Number: M:285 L:096, 90590
Postal Code Plus 4: 3901
Zoning: SF-IV
Property Subtype: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$244,600 + $244,300
$488,900
$6,150
2022$214,900 + $201,900
$416,800
$5,856
2021$179,500 + $216,300
$395,800
$5,798
2020$170,400 + $218,100
$388,500
$5,637
2019$170,300 + $197,600
$367,900
$5,393
2018$152,100 + $203,200
$355,300
$5,205
2017$88,700 + $186,400
$275,100
$4,011
2016$80,400 + $183,300
$263,700
$3,824
2015$80,400 + $178,800
$259,200
$3,847
2014$80,400 + $150,300
$230,700
$3,334
2006$101,900 + $195,300
$297,200
$2,681
2005$94,100 + $175,400
$269,500
$2,471
2004$109,100 + $126,500
$235,600
$2,601
2003$120,800 + $126,500
$247,300
$2,738

Listed 2024-05-03
$1,349,000
MLSPIN
Listing removed 2023-12-01
$1,595,000
MLSPIN
Relisted 2023-01-05
$1,595,000
MLSPIN
Listing removed 2022-12-31
$1,595,000
MLSPIN
Listed 2022-04-20
$1,595,000
MLSPIN
Sold 2005-01-31
$298,000
MLSPIN
Listed 2004-11-29
$299,900
MLSPIN
Sold 2001-10-16
$186,500
Public Record

Electric: At Street
Gas: At Street
Sewer: Public Sewer
Water Source: Public

Building Area Units: Square Feet

Franklin High School is a public high school located approximately 1.5 miles away.
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Helen Keller Elementary School is a public elementary school located approximately 1.9 miles away.
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Annie Sullivan Middle School is a public middle school located approximately 1.9 miles away.
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Cornerstone Christian Academy is a private elementary and middle school located approximately 1.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.