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Updated almost 10 years ago on . Most recent reply
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Property including a parcel of land
I am looking at purchasing a property just outside of Boston MA. It is a 3 family unit with 2 bedrooms per unit. It also includes a parcel of land. Does anyone have any experience on how beneficial that could be? From what our realtor has told us we could build on it or we could eventually sell the land.
Any thoughts, things to look out for etc...
Thanks!
Most Popular Reply
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You need to inquire if the parcel of land and the existing building are separate parcels with a separate address. If not, you would need to check zoning if you can add additional units to the existing parcel or see if you can split the plot into two parcels and check what the zoning will be for the structure you want to build. good luck!