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$5,750,000
Est. payment /mo
3.12 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73367950
HOA Y/N false
Annual Tax Amount $21,793
Tax Year 2025
Lot Size 3.120 Acres
Acres 3.12
Property Sub-Type Residential
Property Description
Prime Development Opportunity – Fully Entitled 46-Unit Site. Presenting a rare multifamily development opportunity in the highly desirable town of Stoneham, MA. This fully entitled site is approved for 46 residential units, offering a streamlined path to construction in one of Greater Boston's most dynamic submarkets. Strategically located with convenient access to I-93 and I-95, the site is just minutes from downtown Stoneham, local amenities, and a short commute to Boston. The property sits in a strong rental and for-sale market supported by excellent school systems, vibrant community life, and proximity to regional employers. With all approvals in place, this development is ideally positioned for investors or developers seeking to capitalize on strong demand in the area. Whether you're building for sale or long-term rental income, this is a turn-key opportunity to deliver a high-quality residential project in a high-barrier-to-entry market.
Location
State MA
County Middlesex
Zoning R
Direction N Border Rd. to Orchard St. to Rockville Park
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
Building
Lot Description Elevated, Other, Cul-De-Sac
Sewer Nearby
Water Nearby
Others
Senior Community false
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Listed by GDP Real Estate Group, LLC