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Updated almost 11 years ago on .

User Stats

229
Posts
15
Votes
Jensen Jeune
  • Investor
  • Everett, MA
15
Votes |
229
Posts

4 acres of land - Reasonable Purchase Price??

Jensen Jeune
  • Investor
  • Everett, MA
Posted

- 4 acres of land located in Salisbury, MA (1 block away from Salisbury Beach)

- 1.81 - 1.90 buildable lot space (zoned for 2-3 duplexes)
- Currently exisiting on lot:
1.) Mobile Home
2.) Single Family home
3.) Two family (one level)

Comps in area:

Property Type Estimate BedBath Sqft
Single-Family Home$154,000 2 1 534
Single-Family Home$352,000 3 2½ 1,920

Suggestions on reasonable purchase price?