About this home
Developer's Dream! Incredible generational opportunity to purchase newly cleared land in gorgeous ultra desirable Milton with direct frontage and views over the river. Accessed via an easement over conservation land and under the tracks, wide open site which years ago went through a bylaw process to allow residential use of not more than 90 units (at the time, basic drawings were done for two buildings totaling 89 units). Approx 1/2 mile to MBTA Fairmount Commuter Rail in Boston! Referenced in the Milton housing plan of 2020 discussing the bylaw for up to 90 units with 10% affordable housing. No approvals or permits have been applied for and no representations made, buyer to perform their own due diligence. Priced for immediate sale and an exceptional development or land-use opportunity.
Listing last checked: Listing updated:
Listed by Todd Glaskin · Coldwell Banker Realty - Newton · MLS #73058876
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Details at a glance
Interior1 property facts
- Basement
- Not reported
Building1 property facts
- Style
- Residential
Land & utilities6 property facts
- Lot size
- 3.34 acres
- Water
- Other
- Sewer
- Other
- Waterfront
- Y
- Pool
- Not reported
- Zoning
- RB
Financial2 property facts
- Annual taxes
- $5,733
- Assessment year
- 2022
Location
Estimated monthly cost
Explore costs at the $4,500,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$23,232 / monthAdjust
- Principal & interest
- $22,754
- Property tax
- $478
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $5,733. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 0 Truman Parkway
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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