Price Reduced 78.30%
15 Michael Rd, Tewksbury, MA, 01876
Price improvement makes this property irresistible! For the resourceful developer. This property has a high concentration of wetlands (see photo attached to listing) that will likely fail traditional efforts to acquire building permits. Potential for a flow through basement build. Welcome to this beautiful, quiet .48 Acres (20,816 SqFt) wooded, corner lot that is waiting for your ideas, at the end of Michael Road. One contractor suggested an Open Foundation - Columns, piers and piles that support a raised home and allow wetland waters to pass underneath the structure. Some people say that open foundations can be less vulnerable to flood damage than closed foundations. Near routes 3, 495, 93, 38. Buyers and their agents to do their due diligence regarding building permits. Property abutting single family home lot. Natural Gas, Water & Sewer nearby. Seller and seller agent provide no warranties or representations.
Status:
Active
Type:
Lot / Acreage
Zoning:
RG
Acreage:
0.48
Est. Taxes:
$716
Assessment
$53,500
Lot Description:
Level, Rolling Slope, Wooded, Corner Lot
MLS #:
73302505
Compensation Based On:
Net Sale Price
Sub-Agency Relationship Offered:
No
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Listing courtesy of Curtis Knight, Curtis Knight Real Estate LLC