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Marlborough 01752
0 Red Spring Rd
$4,452,000
● Land - Off Market

0 Red Spring Rd

Marlborough, MA 01752
bedrooms
Studio
bathrooms
0 Bath
$4,627,164
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Attention investors and developers. Unique LAND ONLY sale, located on Fort Pond Reservoir (Public Lake) consisting of 46+/- acres. There are 25, Land Leased, revenue producing, mostly waterfront lots, PLUS another area of 10+/- acres of wooded land. The wooded area sits high on gently sloped hill over-looking the lake. This area has easy access to 3 different City roads that have public water and sewer, hydrants, gas lines and electrical services. Property is Zoned A-2 residential, with 18,000 SF minimum lot size. The 25 Land Leased lots are on 5 year, renewable, leases. The improvements (Homes etc.) on the leased land are the property of the tenants. The leases are NNN with the only exception being an expense for maintenance of a private dirt road. Buyer is responsible for all due diligence. Opportunity for substantial rental income plus ownership of raw land.
Unit Size
-
Days on Market
-
Land Size
46.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,209
HOA Dues
-
Year Built
-

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Last updated: 4 months ago (MLSPIN #72844218)

Price History

Date / Event Date Event Price
Dec 29, 2021 Sold
Sold
Jun 5, 2021 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $4,200,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Highlights

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marlborough


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Frequently Asked Questions

When was property at 0 Red Spring Road built and last sold?
The property at 0 Red Spring Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 0 Red Spring Road is $4,242,000.
What are some comparable homes to 0 Red Spring Road?
There are currently no comparable homes to 0 Red Spring Road.