300 LATEN KNIGHT RD Cranston, RI 02921
Listed By Northeast Realty Asssociates, Lawrence Moses
Attention Real Estate Developers. Prime location for a residential development in Western Cranston. Two development concepts (9 lots each) provided by DiPrete Engineering. First concept is 1/2 acre lots, and the second concept is 1 acre lots. Seller has already paid to bring the sewer line down from Pippin Orchard Road and is available/ready to tie into Laten Knight Road. CREATIVE OPTION TO PURCHASE CONTRACT AVAILABLE: $4k per month option fee with 9 months upfront, and monthly thereafter, until the buyer exercises their option at any time during an 18-month term. When buyer exercises their option, buyer will be able to use their accumulated payments (up to a maximum of $72k from the 18-month term) towards their down payment. Three (3) automatic extensions of two months each will be available. If buyer cannot fulfill their option, buyer may get up to $50k back, but must relinquish ownership of all legal and engineering files, including but not limited to applications, designs, etc., over to the seller.
Details for 300 LATEN KNIGHT RD
*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
Listing Office Northeast Realty Asssociates, 401-355-5577
Updated 5:19PM - 6/7/2023
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