East Bridgewater, MA848 North Bedford Street
Price$4,295,000
Est. Mortgage: $/month
MLS Number 73361686
- Land
- Acreage 64
- Zoning Resi condo
Exceptional development opportunity in East Bridgewater, Massachusetts! This prime property is approved for the construction of 140 multi-family apartments in three flexible phases, offering a strategic investment in the growing housing market. Located just 4 miles from Bridgewater State University, this site is ideally positioned to meet the increasing demand for rental housing from students, faculty, staff and commuters. Location: Close proximity to Bridgewater State University ensures consistent rental demand. Phased Development: Allows for a staged approach to construction and investment. Zoning Advantage: Recent updates permit multi-family housing by right, streamlining approvals and reducing regulatory hurdles. Meets state requirements for multi-family zoning, enhancing long-term value and eligibility for funding opportunities. Market Growth Potential: E Bridgewater's real estate market is thriving, with rising home values.10 mins from Commuter Rail
Listed by William Laferriere of Coldwell Banker Realty - Boston