400 Salem Rd, Dracut, MA 01826

$599,900 Asking Price

4 beds
2 baths
1,968  sqft
Built in 1958

Attention all builders and investors! This is a rare opportunity to acquire two parcels of land totaling 5.27 acres, offering endless potential for development and investment in a prime location.The front lot features an existing house awaiting renovation, presenting the perfect canvas for your vision. A 10-foot variance is needed to make it buildable, opening the door to countless possibilities for expansion or redevelopment. Beyond the existing structure lies vast acreage, providing ample space for additional construction or subdivision, subject to necessary approvals. Whether you're looking to create a residential community, this expansive land offers the flexibility to bring your ideas to life. Don't miss this rare chance to capitalize on the booming real estate market and secure your foothold in this desirable location.


Features & Amenities

Interior

Appliances:
Oven, Range, Refrigerator
Laundry:
Washer Hookup
Basement:
Bulkhead, Unfinished
Flooring:
Carpet, Laminate, Hardwood
A/C:
false, None
Heating:
true, Baseboard, Oil
Fireplace:
Fireplace, Fireplaces: 1

Exterior

General:
Porch - Enclosed, Porch - Screened, Storage
Style:
Cape
Parking:
Detached, Off Street

Construction

General:
Concrete Perimeter

Location

Road/Access:
Public
Originating MLS:
MLS Property Information Network
County:
Middlesex

Lot

Zoning:
R1, M:4 B:3 L:1,3506350

Utilities

Utilities:
Washer Hookup
Water:
Private
Sewer:
Public Sewer

Financial

Source:
MLS Property Information Network

This listing courtesy of:
Lyv Realty, The Decotis Group

About Dracut, MA

Housing

Number of Units
12,637
Median Home Value
$343,772
Median Rent
$1,312

20.27% of housing units are renter occupied.

2.22% are vacant.

Commute

Car
76.45%
Public Transportation
1.62%
Walk to Work
0.61%
Work from Home
20.90%
Other
0.39%

The median travel time to work is 26 minutes.

People

Population
32,246
Median Age
41.30
Median Household Size
2.86

Education

High School
32.31%
Associate’s Degree
9.45%
Bachelor’s Degree
22.15%
Graduate Degree
11.00%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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