Property Description

Outstanding Development Opportunity in Norwood. Excellent Norwood location with convenient access to Routes 1, 95, 128 and 93. This 9,381± square foot fenced in lot features 100 feet of frontage, offering an exceptional opportunity for builders, developers, or buyers looking to construct a new home. The existing dwelling experienced heating oil leak from the oil tank located in the lower level. Environmental remediation began in 2021 but has not yet been completed as the DEP records so reflect. The highest and best use of the property is to remove the existing structure and construct a new home, which is expected to simplify and reduce the cost of completing the environmental remediation. The interior of the existing house will not be shown, as the property is being marketed primarily for its land value and redevelopment potential. Cash buyers only. The seller will consider cash offers only and will not entertain offers contingent upon financing. Buyers and buyer's agent are encouraged to perform their own due diligence regarding redevelopment, permitting, and the DEP status of the environmental remediation. This listing is also listed as presential land MLS 73561127