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177 South Street

36,928 SF Speciality Building Offered at £871,287 in Fitchburg, MA 01420

Executive Summary

PROJECT BUILDING +/-36,900 sf former school building and +/-12,600 sf residence hall for sale. Perfect project for 50+ APARTMENTS or office conversion. Great location in an area of great need of apartments. Residence hall would make a great rooming house or additional apartments. Approximately one hour from Boston, 25 minutes from Worcester, 1 mile from Route 2 and 1/4 mile to Route 12. The building sports a basketball court, a lecture hall and a full kitchen. LOCATION IS IN AN OPPORTUNITY ZONE.

Property Facts

Price £871,287 Lot Size 1.59 AC
Price Per SF £24 Building Size 36,928 SF
Sale Type Investment Number of Floors 3
Property Type Speciality Year Built 1953
Property Subtype Schools Parking Ratio 0.19/1,000 SF
Building Class C Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £871,287
Price Per SF £24
Sale Type Investment
Property Type Speciality
Property Subtype Schools
Building Class C
Lot Size 1.59 AC
Building Size 36,928 SF
Number of Floors 3
Year Built 1953
Parking Ratio 0.19/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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PROPERTY TAXES

Parcel Numbers
Multiple
  • FITC-000081-000005
  • FITC-000081-000006
 Improvements Assessment £543,842
Land Assessment £129,663 Total Assessment £673,505

PROPERTY TAXES

Parcel Numbers
Multiple
  • FITC-000081-000005
  • FITC-000081-000006
Land Assessment
£129,663
Improvements Assessment
£543,842
Total Assessment
£673,505

zoning

Zoning Code NB (Residential area of apartments and multi's)
NB (Residential area of apartments and multi's)
(978) 537-1900

Contact

  • Listing ID: 26178983

  • Date on Market: 15/07/2022

  • Last Updated:

  • Address: 177 South Street, Fitchburg, MA 01420

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© 2024 CoStar Group

177 South Street
(978) 537-1900 x

177 South Street

Bruce Gallant

(978) 537-1900

(978) 537-1900

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