MA
Worcester
Lunenburg
01462
7 The Clearing Street
7 The Clearing Street, Lunenburg, MA 01462
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Listing Type
Single Family
Listing Status
Active
1
$150,000

Home Details for 7 The Clearing Street

Price
$150,000
Type
Residential
Bedrooms
2
Total Bathrooms
1
Full Bathrooms
1
Square feet
907
Year built
1925
Lot size acres
0.17
County
Worcester
Total rooms
4
MLS Listing#
73572075
Property Description

WHOLESALE OPPORTUNITY — INVESTOR/BUILDER SPECIAL. 907 SF bungalow NOT a cosmetic renovation, in need of full rehab or tear down & build new. Has septic which is expected to fail, but sewer is on street and house is only setback about 10'; should be an easy connection. Potential to add an ADU, Has frontage on The Clearing St. & Florence St. Estimated rehab: $100,000, Projected ARV: $375,000. All-in basis: $250,000 before closing/holding costs, Potential $125K+ gross spread between estimated all-in cost and ARV. Great opportunity for an experienced investor looking for a full renovation project with significant upside. Will not qualify for traditional financing; CASH or Private Funding. Agents & Buyers should conduct their own due diligence and independently verify all information. Seller & Listing Agent make no warranties or representations.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Parking
    • Driveway
Listing Courtesy: OmegaListings.com, Inc. - 978-287-4657
Presented by: Mark Cirignano
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EXIT NEW OPTIONS REAL ESTATE
12 Main Street, Leominster, MA 01453
Office
888 363 3948
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