400 Salem Road
400 Salem Road
$599,900
229,561 / 5.27
Description
Attention all builders and investors! This is a rare opportunity to acquire two parcels of land totaling 5.27 acres, offering endless potential for development and investment in a prime location. The front lot features an existing house awaiting renovation, presenting the perfect canvas for your vision. A 10-foot variance is needed to make it buildable, opening the door to countless possibilities for expansion or redevelopment. Beyond the existing structure lies vast acreage, providing ample space...Attention all builders and investors! This is a rare opportunity to acquire two parcels of land totaling 5.27 acres, offering endless potential for development and investment in a prime location. The front lot features an existing house awaiting renovation, presenting the perfect canvas for your vision. A 10-foot variance is needed to make it buildable, opening the door to countless possibilities for expansion or redevelopment. Beyond the existing structure lies vast acreage, providing ample space for additional construction or subdivision, subject to necessary approvals. Whether you're looking to create a residential community, this expansive land offers the flexibility to bring your ideas to life. Don't miss this rare chance to capitalize on the booming real estate market and secure your foothold in this desirable location.
- Listed by The Decotis Group • Lyv Realty
- Listed by Ashley Decotis • Lyv Realty
- Listed by Jamie DeCotis • Lyv Realty
Property Details for 400 Salem Road
Town
Dracut
AreaMA-Dracut
Location
LISTING UPDATED: 05/28/2024 12:05 PM
Property Details for 400 Salem Road
Status | Price Changed |
---|---|
MLS # | 73237594 |
Days on Market | 17 |
Taxes | $7,312 / year |
HOA Fees | - |
Compass Type | Land |
MLS Type | Land / Residential |
Year Built | - |
County | Middlesex County |
Location
Building Information for 400 Salem Road
Lot Size5.27 AC
Payment Calculator
$3,883 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 400 Salem Road
Property History for 400 Salem Road
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 400 Salem Road
Taxable ValueLand$229,700Additions$258,100Total$487,800
Tax Record2024$5,098 ($425 / month)
Home Facts
Beds4Baths1.5Total Finished SqFt1,968 SqFtAbove Grade Finished SqFt1,968 SqFtStories2Lot Size94,090 SqFtStyleSingle Family ResidenceYear Built1958ZoningR1CountyMIDDLESEXAPNDRAC M:4 B:3 L:1
Schools near 400 Salem Road
This home is within Methuen School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Marsh Grammar School PublicPK to 8 | ||
Methuen High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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