400 Salem Road

Dracut, MA 01826

$599,900
Price
229,561 / 5.27
Lot Size / Acres

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.
  1. Listed by The Decotis Group • Lyv Realty
  2. Listed by Ashley Decotis • Lyv Realty
  3. Listed by Jamie DeCotis • Lyv Realty

Property Details for 400 Salem Road

Town
Dracut
Area
MA-Dracut

Location

Listing Courtesy of Lyv Realty, The Decotis Group; Lyv Realty, Ashley Decotis; Lyv Realty, Jamie DeCotis
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LISTING UPDATED: 05/28/2024 12:05 PM

Property Details for 400 Salem Road

StatusPrice Changed
MLS #73237594
Days on Market17
Taxes$7,312 / year
HOA Fees-
Compass TypeLand
MLS TypeLand / Residential
Year Built-
CountyMiddlesex County

Location

Listing Courtesy of Lyv Realty, The Decotis Group; Lyv Realty, Ashley Decotis; Lyv Realty, Jamie DeCotis
Add your commute

Building Information for 400 Salem Road

Lot Size5.27 AC

Payment Calculator

$3,883 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,274

Property Taxes

$609

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 400 Salem Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Waterfront: No
Features
Interior Features
  • Bathrooms Total Integer: 0
Exterior Features
  • Lot Description: Wooded, Irregular Lot
Utilities
  • Electric: On-Site
  • ElectricOnPropertyYN: Yes
  • Gas: None
  • Sewer: City/Town Sewer
  • Water: Private
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: 10 Ft variance between the 2 lots to make lot buildable.
Tax Information
  • Tax ID: M:4 B:3 L:1,3506350
  • Assessments: $699,700
  • Book: 1868
  • Tax Year: 2024
  • Zoning: R1
Building / Association Information
Complex & Association Information
  • Adult Community: No
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2%
  • Other Agent Compensation: 0%

Property History for 400 Salem Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

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Similar Sold Homes

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400 Salem Road is a 5.27 ac of land for sale in Dracut, MA 01826. This property was listed for sale on May 14, 2024 by Lyv Realty, it's currently listed at $599,900. This listing's school district is Methuen School District. Nearby schools include Marsh Grammar School and Methuen High School. 400 Salem Road is a 0-bed, 0-bath, 5.27 ac of land on a 229,561 sq. ft. / 5.27 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lyv Realty, The Decotis Group; Lyv Realty, Ashley Decotis; Lyv Realty, Jamie DeCotis

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.