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0 Red Spring Road Marlborough MA 017520 Red Spring Road Marlborough MA 017520 Red Spring Road Marlborough MA 017520 Red Spring Road Marlborough MA 017520 Red Spring Road Marlborough MA 017520 Red Spring Road Marlborough MA 017520 Red Spring Road Marlborough MA 017520 Red Spring Road Marlborough MA 017520 Red Spring Road Marlborough MA 017520 Red Spring Road Marlborough MA 017520 Red Spring Road Marlborough MA 01752
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    Attention investors and developers. Unique LAND ONLY sale, located on Fort Pond Reservoir (Public Lake) consisting of 46+/- acres. There are 25, Land Leased, revenue producing, mostly waterfront lots, PLUS another area of 10+/- acres of wooded land. The wooded area sits high on gently sloped hill over-looking the lake. This area has easy access to 3 different City roads that have public water and sewer, hydrants, gas lines and electrical services. Property is Zoned A-2 residential, with 18,000 SF minimum lot size. The 25 Land Leased lots are on 5 year, renewable, leases. The improvements (Homes etc.) on the leased land are the property of the tenants. The leases are NNN with the only exception being an expense for maintenance of a private dirt road. Buyer is responsible for all due diligence. Opportunity for substantial rental income plus ownership of raw land.
    Listed by Kevin Curry of Berkshire Hathaway HomeServices Commonwealth Real Estate

    Listing Sold by Dora Naves & Associates

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    More Info

    Basic Information

    • Contingency Pending P&S
    • Lot Features
      • Easements
      • Gentle Sloping
      • Irregular Lot
      • Other
      • Steep Slope
      • Wetlands
      • Wooded
    • Mls StatusSold
    • Parcel Number M_196431_901918,609191
    • Road Frontage DescriptionUnimproved

    Building

    • Building Area Units Square Feet

    Utilities

    • Electric At Street
    • Gas At Street, Other (See Remarks)
    • Sewer Public Sewer, Other
    • Water Source Public, Other

    Tax Information

    • Tax Assessed Value $1,051,300
    • Tax Year 2021
    • Taxes$14,507

    Location

    • Address0 Red Spring Road
    • CountyMiddlesex
    • StateMA
    • StreetRed Spring Road
    • TownMarlborough
    • Zip01752

    Property

    • Acreage46

    Amenities

    • Other AmenitiesBeachfront, Lakefront, Water View, Waterfront

    Water Body

    • WaterfrontYes
    • Waterfront Features Waterfront, Beach Front, Stream, Lake, Frontage, Direct Access, Other (See Remarks)

    Basic Information

    • GO-List Price$4,200,000
    • MLS Number72844218
    • Modification Date08/05/2022
    • Property SubTypeResidential
    • Purchase Contract Date06/14/2021
    • Sale Date12/29/2021
    • Sale Price$4,452,000
    • Virtual TourView Tour

    Property Information

    • Lot Size Square Feet 2,003,760
    • Lot Size Units Acres
    • Road Responsibility Private Maintained Road
    • View YN Yes

    Other

    • Buyer Agency Compensation2
    • Date Listed06/05/2021
    • Farm Land Area Units Square Feet
    • Transaction Broker Compensation2

    The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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.

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