A rare development opportunity in the heart of Acton. This unique offering is comprised of 3 adjoining, separately-deeded parcels, with two Single-family homes, all to be sold together. Totaling 8.24 acres (5.91 upland wooded) with 612 feet frontage, the parcels abut Acton Arboretum’s 65-acre conservation area and trails. Acton is a vibrant and quickly growing Metro-west community which boasts a school system consistently rated top 5 in Massachusetts. Utilizing the Rt 2 and Rt 495 commuter corridors, the town has nearly tripled in population in the last 3 decades. Bring your big ideas for Single-lot development or a Planned Conservation Residential Community. ANRAD & Concept Plans in-hand. Perc Test completed- awaiting report. See paperclip for additional documents. One of the homes is a 4 BR 2,217 sf Antique c.1820. The other home is a 4 BR 1,539 sf Cape c 1950, which rented for $2800 /m. The homes will not be sold separately and will pass with the 3-lot group sale, As is – Where is.
This land is currently zoned for commercial / light industrial (so this would be the fastest and easiest strategy) but the town has expressed verbally that they would like to see this land used for housing, given that Acton schools have been attracting people to this town in droves (the seller is willing to pursue the zoning change and the permitting if buyer is willing to put up a 5% deposit. This strategy is likely to be the most profitable sine each newly constructed condo in the area sells for over $1 million. There are currently conceptual drawings for both light industrial garage bays and residential condos.
Acton is located in Massachusetts. Acton, Massachusetts has a population of 23,899. Acton is more family-centric than the surrounding county with 46.53% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Acton, Massachusetts is $138,163. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Acton is 43.5 years.
The average high temperature in July is 83.1 degrees, with an average low temperature in January of 16.2 degrees. The average rainfall is approximately 48 inches per year, with 50.6 inches of snow per year.
