Investor and contractor opportunity on a large 0.69-acre lot in an established Chelmsford neighborhood. This 1968 Colonial offers 4 bedrooms, 3 full baths, and over 2,000 square feet, plus a full basement and a strong layout with hardwood floors throughout. The home is in very poor condition and needs significant work throughout, presenting a true value-add project for the right buyer or a tear-down/rebuild candidate on a desirable level lot. Sold strictly as-is. Property will not qualify for traditional financing; cash or renovation/rehab financing only. This is a short sale subject to third-party lender approval, and an estate sale subject to license to sell; pricing and timeline are subject to both lender and court approval. Buyer and buyer's agent to perform all due diligence and verify all information. Please schedule your showing today or in the meantime check out the virtual reality 3D tour.
Single-familyProperty Type
1968Year Built
0.69 acresLot Size
$316Price/Sq.Ft.
2 garage spacesParking
Listed by Block Capital Realty Team• Block Capital Realty LLC
Hitchingpost, located between Route 3 and the Merrimack River, is a residential and commuter-friendly Chelmsford neighborhood with wooded cul-de-sacs and a patchwork of conservation land. The neighborhood’s character concentrates around the Chelmsford Center crossroads at Central Square, where independent cafés, old-town storefronts, and civic buildings set a steady, walkable rhythm. Colonial and mid-century houses sit along curving streets, with stone walls and tall pines shaping the streetscape. The Bruce Freeman Rail Trail adds a linear corridor for biking and running. Community touchstones include the Chelmsford Center for the Arts, the Chelmsford Public Library, and the historic Chelmsford Town Common. Nearby riverfront paths and playing fields keep the landscape active year-round.
Provided by Walk Score and Local Logic
Market insights
8 Pennock Rd · $660,000
DAYS ON MARKET
122 days
The average home goes pending in 23 days.
SALE-TO-LIST
100.8%
Most homes are selling 1% above list price.
LIST PRICE
$660,000
Median list price in this area is $887,765. (35% higher than this home)
PRICE DROP
1 price drop
23% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Eight total rooms
Full, partially finished basement
One fireplace
Bathrooms
Three full bathrooms
Heating & cooling
Forced air natural gas heating
Central air conditioning
Exterior features
Wooded lot
Public road frontage
Off Cathy Road access
Home design
Single-family residence
One entry level
Parking
Attached garage with 2 garage spaces
Two covered spaces
Two off-street/open parking spaces (4 total parking spaces)
Construction
Concrete perimeter foundation
Built in public records (year unknown/mixed)
Utilities
Public water
Public sewer
HOA & community
Not a senior community
Other
Approximately 0.69-acre lot
Electricity and solar
View estimated energy costs and solar savings for this home