$150,000
Est. payment /mo
2 Beds
1 Bath
907 SqFt
New
7 The Clearing Street Lunenburg, MA 01462
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Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 907 sqft
Price per Sqft $165
MLS Listing ID 73572075
Style Bungalow
Bedrooms 2
Full Baths 1
HOA Y/N false
Year Built 1925
Annual Tax Amount $3,439
Tax Year 2026
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Single Family Residence
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.
Location
State MA
County Worcester
Zoning RA
Direction Off Whalom Road
Interior
Heating Natural Gas
Cooling None
Exterior
Waterfront Description 1 to 2 Mile To Beach
Roof Type Shingle
Total Parking Spaces 2
Garage No
Building
Lot Description Level
Foundation Other
Sewer Public Sewer, Private Sewer, Other
Water Public
Architectural Style Bungalow
Others
Senior Community false
Listed by OmegaListings.com, Inc.
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