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Informations principales sur l'investissement

  • Approved 32-unit 40B residential development opportunity
  • Close proximity to Route 9, I-495, the Mass Pike, retail, services, and offices
  • 28 two-bedroom units and 4 three-bedroom units (68 total bedrooms)
  • 25% affordable component, consisting of 8 affordable units at 80% AMI
  • Due diligence materials available, including recorded Comprehensive Permit, civil/site plans, septic plans, and lot/property division materials
  • Approved plans contemplate municipal water, private septic, stormwater infiltration, and underground utilities

Résumé analytique

The offering consists of the development opportunity associated with the approved 32-unit 40B townhouse-style residential project at 250B Turnpike Road. The project is currently approved as a rental development under M.G.L. c. 40B, subject to the conditions set forth in the Comprehensive Permit and any remaining final approvals, permits, regulatory agreements, and purchaser due diligence.
The seller can make available a due diligence package including the recorded Comprehensive Permit decision, civil/site plans, septic design materials, property division/lot area materials, and related permitting documents. Purchasers should independently review the Comprehensive Permit conditions, MassHousing/regulatory requirements, Conservation Commission requirements, final engineering requirements, utility/septic approvals, and any final lotting or easement documentation.
The current approval is for rental townhouse units. A purchaser interested in an alternative ownership structure, including a potential condominium or for-sale execution, should independently evaluate feasibility and required approvals.

Informations sur l’immeuble

Type de vente Investissement ou propriétaire occupant
Nb de lots 1
Type de bien Terrain
Sous-type de bien Résidentiel
Usage proposé Lots d’appartement
Surface totale du lot 1,21 ha

1 Lot disponible

Lot

Surface du lot 1,21 ha

Approved residential development site off Route 9/Turnpike Road in Southborough with planned access via easement. Designed for a low-rise townhouse community with convenient access to I-90, I-495, and the MetroWest region.

Description

250B Turnpike Road presents a rare opportunity to acquire an approved residential development site in Southborough, Massachusetts. The project has received Comprehensive Permit approval for a 32-unit townhouse-style rental development consisting of 28 two-bedroom units and 4 three-bedroom units, for a total of 68 bedrooms. Eight units, representing 25% of the project, are approved as affordable units restricted to households earning up to 80% of area median income. The approved concept provides a desirable townhouse-style rental product in the strong MetroWest residential market, with convenient access to Route 9 / Turnpike Road, I-495, the Massachusetts Turnpike, nearby retail, services, office parks, and regional employment centers.

Plutôt praticable à pied
30/100
Exceptionnellement adapté aux voitures
100/100
Assez praticable en vélo
20/100
  • ID de l’annonce: 41062242

  • Date de mise sur le marché: 25/06/2026

  • Dernière mise à jour:

  • Adresse: 250B Boston - Worcester Turnpike Rd, Southborough, MA 01772

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