Investment Analysis — 28 Cherry St

Rare opportunity to acquire this 5.63 acre parcel with an existing single family in need of gut renovation or tear down and rebuild. The property, formerly a house and cleared acreage with farm outbuildings, has not been occupied in 15+ years. Possibility to subdivide with a retreat lot, further develop with a special permit, or use as single family with a rare homestead feature in a convenient suburban location of much higher priced homes. No public sewer available, perc tests have been done and are available. Wetlands exist on the western side of the property, adjacent to 140, and have been delineated and certified leaving ~2.5 upland acres developable. Historic special permits that have been granted but not exercised: raze and rebuild single family home, 4 building contractor storage facility, many possibilities exist further than residential here.