High visibility location next to commuter rail station. Recent changes to South Acton Village zoning has significantly expanded development options for this land. Keystone lot in between 2 municipal lots (old firehouse to the right and overflow parking to the left) which could possibly be acquired from the town. New zoning changes include increased density (Max FAR .4/FAR of 1 with mixed use), Building height increase (Max 40') and reduced parking requirements (1 per dwelling unit). Examples of 6 townhouse option (previously approved) and 25 unit housing project (included both municipal lots) attached. Both options will need approvals. Be a part of South Acton's revitalization!
Lot Description:
Sloped, Sidewalks
Amenities:
Public Transportation, Park, Walk/Jog Trails, Golf, Medical Facility, Conservation Area, House of Worship, Public School, T-Station, Sidewalks
Elementary School:
Multiple Choice
Compensation Based On:
Net Sale Price
9 School Street, Acton, (South Acton), MA, 01720
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
CT Mortgage Lender ML-2630 - MA Mortgage Lender and Mortgage Broker #MC2630 - NH Mortgage Banker #11083-MB - RI Mortgage Lender & Mortgage Broker #20051918LL & #20051919LB - NY Licensed Mortgage Banker - NYS Department of Financial Services LMBC 106535 / B500898 - NJ Residential Mortgage Lender 2630 - FL Mortgage Lender MLD1388 - VT Lender & Mortgage Broker #6952 & #1297MB
