Michael Travis

355 Spinney RoadPortsmouth, NH 03801Price: $2,500,000

  • Price: $2,500,000
  • Est. Mortgage of $/month
  • 116 Days on Market
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Federal 30-year interest rate: 5.81% last updated on Jun 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,500,000List Price
  • 2.46Acreage
  • 107,158Square Feet
Listed by David Garvey and Ethan Ash of Keller Williams Coastal Realty

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A highly developable parcel of land consisting of approx. 2.46 acres of land with frontage on three sides, this opportunity within the zoning can be developed into single family homes. The nearby area has some substantial single family homes already existing. Additionally, it may be an opportunity to increase density through an innovative design, creating condo lots for units of single family housing - a little more modest than the pure single family units (maybe town homes). Additionally, it may be that because other properties with similar zoning have been developed into far more dense condominium units, that the opportunity to do the same exists - creating even more opportunity for the buyer and more value for the seller, subject to the appropriate variances.

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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated June 25, 2022.

 

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