A regional developer has proposed setting up a 4-setting up, 16-unit townhouse complex on the large amount subsequent to the Greenback Normal store in Hampden wherever a blighted home the moment stood.
The Hampden Organizing Board will take into account the proposal at 7 p.m. Wednesday at the town office environment at 106 Western Ave.
It’s the most recent proposal in the Bangor spot for new housing units as the location sees demand increase for new housing amid rising authentic estate costs that have boxed lots of consumers out of the current market.
NKSE Financial investment LLC obtained the 2.1-acre home at 676 Primary Street North for $250,000 from James W. Butler Jr. of Bangor in late January and submitted the application for the townhouses in March.
Just about every of the four structures would be 72 by 30 ft and residence four two-story, two-bedroom models, in accordance to programs submitted to the town workplace. The entrance to the intricate would be by way of the Dollar Typical parking whole lot and not immediately on to Primary Street North, which is also Route 1A.
On the to start with floor of each device would be a living home, kitchen and dining space, and 50 percent tub. The second flooring would attribute two bedrooms and a total bathroom.
Building prices are believed at $2.4 million. Net income from the house at the time thoroughly occupied is estimated to be about $18,000 a thirty day period, in accordance to the software and supporting documents.
The property where the new townhouse elaborate is to be designed was just one concentrate on of a modern Hampden effort to give the town much more electrical power to pressure property homeowners to repair unsafe buildings.
As a result of that hard work, Hampden amended its zoning ordinance in early 2021 to add habitability expectations to handle the issue of structures devoid of performing loos, gaping holes in roofs that enable in h2o and snow, lacking home windows and varmint infestations that created them unsafe to inhabit. The modification does not apply to program home upkeep.
At the commencing of 2020, there have been at minimum 5 uninhabitable buildings in Hampden, a town of about 7,700 citizens, according to Code Enforcement Officer Ryan Carey, such as the dilapidated house then at 676 Main Street North.
In addition, the town not long ago awarded a bid to demolish a city-owned, blighted home at the corner of Western Avenue and Most important Highway North. It was 1 of the handful of residences remaining in what has around the a long time grow to be largely a company district. Strategies for the property have not been manufactured community.