Approved 18-Unit Townhouse Development - Owner Financing Available. Exceptional opportunity for developers and investors. 1.95-acre site fully approved for 18 townhouse condominium units (6 rows of 3). Public utilities approved, eliminating major entitlement risk and years of permitting time. Project is shovel-ready with 3 units currently under construction and 1 unit completed, allowing immediate continuation of development and faster path to revenue. Prime location near major highway access and shopping centers, supporting strong buyer and rental demand. Ideal for build-to-sell or build-to-rent strategies. Owner financing available, offering flexible capital structure and enhanced return potential. Rare opportunity to acquire a partially completed, approved townhouse project in a high-demand location. Plans, approvals, and additional information available upon request.
| MLS # | 73465924 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 261 |
| Listing Provided By | Alfonso Realty Co. | Henry Alfonso |
| Zoning | B-L |
|---|---|
| Acreage | 1.95 |
| Lot Features | Level, Storm Drains |
|---|
| Sewer | Public Sewer |
|---|---|
| Gas | None |
| Electric | On-Site |
| Tax Annual Amount | 8023 |
|---|---|
| Tax Assessed Value | 698900 |
| Tax Year | 2025 |
| Tax Map Number | I-20 |
| Community Features | Public Transportation, Shopping, Laundromat, Highway Access, Public School |
|---|---|
| Senior Community Yes / No | No |
| State | MA |
|---|---|
| County | Bristol |
| City | Fall River |
| Zip Code | 02721 |
| Area | Bristol |
| Listing VS Median (in 02721) | |
Price: $2,100,000 low | high Med: $429,000 On site: 261 low | high Med: 54 | |
| State | MA |
|---|---|
| County | Bristol |
| City | Fall River |
| Zip Code | 02721 |
| Area | Bristol |
| Listing VS Median (in 02721) | |
Price: $2,100,000 low | high Med: $429,000 On site: 261 low | high Med: 54 | |