MLS® ID: 72580586
44 Dean St
Taunton, Massachusetts, 02780 $399,000
Hired to facilitate the Sale of 44 Dean Street in Taunton, Massachusetts. This 2+ acre property consists of 2 parcels and is a part of the urban residential district. Special permits have been obtained to develop a 3-story, 36 unit residential apartment building on the site. This project is located in a gateway city as deNned by chapter 23A, meaning it is eligible for two forms of tax incentives through the Housing Development Incentive Program. BeneNts of this program include a real estate tax exemption on all or part of the increased property value from improvements and state tax credits for QualiNed Project Expenditures. Dean Street has a traPc count of 21,000+/- vehicles a day and has 68 restaurants within a 3-Mile radius. This prime redevelopment opportunity neighbors 40 Dean Street, a 5,035 SF historical oPce property which is under the same ownership and is also for sale.