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NEWBURYPORT REAL ESTATE AUCTION DEVELOPMENT OPPORTUNITY

Wednesday December 15, 2010
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REAL ESTATE

AUCTION

OLEO WOODS DEVELOPMENT
RUSSELL TERRACE EXTENSION

43+/- Acre Parcel of Land 

WEDNESDAY,DECEMBER 15TH   1 P.M.
NEWBURYPORT, MASS
AUCTION TO BE HELD ON SITE
 
GREAT DEVELOPMENT OPPORTUNITY
23 LOT SINGLE FAMILY HOME SUB-DIVISION
Planning Board approved OSRD PROJECT
(Plan modification dated 10/15/2008)
Town Water, Sewer and Gas

TO BE SOLD TO THE HIGHEST BIDDER!

Inspections: Dec 10,11,12th 12-2

or by appointment

AUCTIONEERS NOTE:  This auction will feature two properties, AUCTION #1, a new construction single family colonial home and AUCTION #2, a 43 +/- acres of land with a planning board approved 23 lot subdivision to be developed.  The owner, who is now in his seventies has made a decision to sell and has chosen “The Auction Method” to sell this development opportunity.  It has taken several years and countless hours of his time to receive all the necessary approvals with engineering plans and drawings and is one of the last larger remaining undeveloped parcels in Newburyport!  The seller is extremely motivated to sell and let the new buyer take this project to the next level!  The high bid will be subject to final approval by the Bank and the Trustee of The Oleo Realty Trust.  To be offered individually and in its entirety.

 

 PLEASE CLICK ON THE LINK BELOW "FULL SIZE PLANS" TO DOWNLOAD ACTUAL SIZE DRAWINGS

 MA LIC# 770

800-822-1417
BROKER PARTICIPATION INVITED!
10% BUYERS PREMIUM

Terms: $50,000 in cash, certified or bank check auction day.

Closing in 30 days

This information deemed relieable but not guaranteed.  Buyer must verify.

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LICENSE NUMBERS - MA: #770, NH: #2182, FL: #AU2662, ME: #AUC840 REAL ESTATE NUMBERS - MASS: #125120, NEW HAMPSHIRE: #041256
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