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$139,900
Est. payment /mo
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Active
Purchase Type For Sale
MLS Listing ID 73594376
HOA Y/N false
Annual Tax Amount $779
Tax Year 2026
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Residential
Property Description
INVESTOR ALERT – 7-UNIT MULTIFAMILY DEVELOPMENT OPPORTUNITY | HOLYOKE, MA. Rare opportunity for developers and investors to acquire a residential development lot at 0 Olive Avenue, Holyoke, MA. The City of Holyoke Building Department's zoning verification letter confirms that multifamily housing is a permitted use by right in the current Residential Office (RO) zoning district and indicates that a seven-unit multifamily development may be possible, subject to applicable dimensional regulations and requirements. The approximately 5,663-square-foot parcel offers an opportunity to explore a new multifamily project in an established Holyoke location. The city's letter outlines applicable setback, building height, lot coverage, and lot-of-record requirements. Buyers are encouraged to review the attached zoning verification letter and public records, conduct their own due diligence, and confirm all applicable requirements with the City of Holyoke before proceeding. An opportunity for builders, investors, and developers looking to maximize the potential of a residential development site. Bring your vision and explore the possibilities!
Location
State MA
County Hampden
Zoning RO
Direction I-391, take the exit toward Holyoke Center. Located next to 17-19 Olive Ave, Holyoke, MA
Exterior
Community Features Public Transportation, Medical Facility, Highway Access, House of Worship
Building
Lot Description Other
Sewer Public Sewer
Water Other
Others
Senior Community false
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Listed by Naples Realty Group
Nearby School & Business
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