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About This Home
This land at 57 Oxford Street in Augusta, ME is listed for $3,000,000 (7.30 acres).
Total 7.3 ac. development site with Kennebec River views, @ the Crown of Sand Hill in Augusta, ME, City approved high density residential development district with no height restrictions. Feasibility Plan shows market units at minimum of 102 units. May be as many as 146 units if designed to fit slopes etc.
Also, site has a maximum of 460 units if developed as low-income units and should qualify for less parking/unit as abutting development was able to gain Full Major Subdivision approval with City accommodations on certain setbacks and parking requirements, etc.
All utilities are available on site and/or at streets already connected to subject property. Developer will need to work with Augusta; zoning, code enforcement and planning board to, etc. to ensure viability and total number of units proposed to be approved as a major subdivision while moving forward. Augusta is in short supply to the point of desperation, as housing of all types are in desperately short supply.
Key Features
- 7.30 acre lot
Location
57 Oxford Street
Augusta, ME 04330
Questions & Answers
This 0-bedroom, 0-bathroom land at 57 Oxford Street is listed at $3,000,000. The estimated monthly payment is $13,000 based on 20% down at 6.5% interest.
Key features include: 7.30 acre lot.
This property is listed by David White and can be reached at 6175429300 or david@ownerentry.com.