2951 East Main Road

Why We Love It

2951 East Main Road: FULLY APPROVED 26 UNIT DEVELOPMENT

What’s there now?

  • 6 existing units, within the farmhouse, can be sold immediately as condos

  • Condo Docs complete

  • 5,326 sq.ft. barn, with approvals to be retrofitted into 4 units

  • Full development package, including site plans, septic plans, full appraisal, and engineered / architectural renderings available upon request

What’s approved?

  • 26 Units total:

    • 6 existing units

    • 4 units retrofitted in the barn

    • 16 ground up construction units

What’s the value? Appraisal overview linked above

  • Appraised ‘as is’ at $2,750,000

  • Gross (condo) sell out, post construction: $12,200,000

SALE PRICE:

$3,395,000


SALE PRICE:
$3,395,000

PROPERTY TYPE:
Residential Condo Development.

Town approval for 26 units total.

AVAILABLE SPACE:
26 Unit Condo Development
Currently on the property:
One 4,796 SqFt Building with 6 units
One 2,100 SqFt structure with approvals to be converted to 4 two bedroom units

AVAILABLE DATE:
Flexible closing dates

FRONTAGE:
Located on East Main Road

SEPTIC:
Existing septic. Stamped septic plans for development available.

NUMBER OF UNITS:
Approval for a total of 26 Units
- 16 new ground up construction
- 6 exisitng units
- 4 units in existing barn

CONDO ASSOCIATION:
Condo docs have been created for existing 6 unit building

WATER:
Municipal

YEAR BUILT:
Current structures were both built in 1860

PLAT/ LOT:
31 / 32 & 31 / 32/A

 
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