There is a few scenarios that could be done in this place, Whether its a 2 family multi or 2 condo association, more could be built in the space, so many options. Attached you will be able to see the initial appraisal that shows the potential value of the property, (close to 900k) once its done, along with the construction budget. The seller wants to part with this property as he has other projects to invest in. Current GC and Sub contractors would love to remain on the project which will make it easy to remain on budget and can get right in to work, (continue on). Permits are open and can be transferred if needed. The best part is that as soon as you purchase this property it automatically starts to make income from the parking lot.
Fitchburg is located in Massachusetts. Fitchburg, Massachusetts has a population of 41,796. Fitchburg is less family-centric than the surrounding county with 26.32% of the households containing married families with children. The county average for households married with children is 31.47%.
The median household income in Fitchburg, Massachusetts is $60,466. The median household income for the surrounding county is $81,660 compared to the national median of $69,021. The median age of people living in Fitchburg is 37.1 years.
The average high temperature in July is 80.8 degrees, with an average low temperature in January of 13.4 degrees. The average rainfall is approximately 47.9 inches per year, with 70.5 inches of snow per year.
