51 Chestnut Street

Franklin, MA 02038

$1,349,000
Price
422,096 / 9.69
Lot Size / Acres

Description

"Chestnut Village" condominiums presents a unique opportunity to develop 27 total condominiums with 22 being conventional sales and 4 selling as affordable units, plus the property incudes 1 renovated three bedroom single family home that will be part of the condominium association. Planning Board & Conservation Approved with architectural, structural & site plans in hand for a turn-key project. The current owner has several projects that are ongoing, making it the right time to sell this project..."Chestnut Village" condominiums presents a unique opportunity to develop 27 total condominiums with 22 being conventional sales and 4 selling as affordable units, plus the property incudes 1 renovated three bedroom single family home that will be part of the condominium association. Planning Board & Conservation Approved with architectural, structural & site plans in hand for a turn-key project. The current owner has several projects that are ongoing, making it the right time to sell this project at a price already calculated to offer significant financial opportunity for a developer looking to build a wonderful 55+ living environment near downtown Franklin. There are many attractive local amenities for active residents including nearby shopping, restaurants public transportation, bike trails, parks golf course & more. Convenient to highways, state routes & the "T" commuter rail, residents have easy access to Boston or Providence entertainment too! Additional details by request.
  1. Listed by Robert Simone • Better Living Real Estate, LLC
  2. Listed by Patrick Arena • Better Living Real Estate, LLC

Property Details for 51 Chestnut Street

Town
Franklin
Area
MA-Franklin

Location

Listing Courtesy of Better Living Real Estate, LLC, Robert Simone; Better Living Real Estate, LLC, Patrick Arena
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LISTING UPDATED: 05/07/2024 03:05 AM

Property Details for 51 Chestnut Street

StatusActive
MLS #73232868
Days on Market14
Taxes$6,029 / year
HOA Fees-
Compass TypeLand
MLS TypeLand / Residential
Year Built-
CountyNorfolk County

Location

Listing Courtesy of Better Living Real Estate, LLC, Robert Simone; Better Living Real Estate, LLC, Patrick Arena
Add your commute

Building Information for 51 Chestnut Street

Lot Size9.69 AC

Payment Calculator

$7,864 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,362

Property Taxes

$502

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 51 Chestnut Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Bike Path, Conservation Area, Highway Access, T-Station, University
  • Waterfront: No
  • Water View: No
Features
Interior Features
  • Bathrooms Total Integer: 0
Exterior Features
  • Lot Description: Easements, Wooded
Utilities
  • Electric: At Street
  • Gas: At Street
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Documents Available: Land Survey, Topographical Map, Order of Conditions, Blueprints, Drawings, Brochure
  • Documents Count: 6
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Seller & broker make no representations or warranties & the information herein is subject to revision. Buyer is advised to perform due diligence,inspection,verification of condition & contract terms prior to closing. Permitted Plans available.
Tax Information
  • Tax ID: M:285 L:096,90590
  • Assessments: $511,400
  • Book: 35063
  • Tax Year: 2024
  • Zoning: SF-IV
Building / Association Information
Complex & Association Information
  • Adult Community: Yes
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.5
  • Other Agent Compensation: 2.5

Property History for 51 Chestnut Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 51 Chestnut Street

Taxable ValueLand$242,300Additions$269,100Total$511,400
Tax Record2024$6,029 ($502 / month)
Home Facts
Beds2Baths2Total Finished SqFt1,927 SqFtAbove Grade Finished SqFt1,927 SqFtUnfinished Basement SqFt1,116 SqFtStories1Lot Size14,244 SqFtStyleSingle Family ResidenceYear Built1927CountyNORFOLKAPNFRAN M:285 L:096

Schools near 51 Chestnut Street

This home is within Franklin School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Helen Keller Elementary School
PublicK to 5

Annie Sullivan Middle School
Public6 to 8

Franklin High School
Public9 to 12

Davis Thayer Elementary School
PublicK to 5

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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51 Chestnut Street is a 9.69 ac of land for sale in Franklin, MA 02038. This property was listed for sale on May 3, 2024 by Better Living Real Estate, LLC, it's currently listed at $1,349,000. It has been on the market for a total of 14 days and was last sold on February 1, 2005. This listing's school district is Franklin School District. Nearby schools include Helen Keller Elementary School, Annie Sullivan Middle School and Franklin High School. 51 Chestnut Street is a 0-bed, 0-bath, 9.69 ac of land on a 422,096 sq. ft. / 9.69 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 Better Living Real Estate, LLC, Robert Simone; Better Living Real Estate, LLC, Patrick Arena

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.