Dan Flynn auctioning land in WestwoodTwo adjacent parcels of land in Westwood totaling 30 acres have sold at auction for $2.5 million.

The foreclosure auction was held at the residential zoned land off of 1255 High St. One parcel consists of 17.35 acres near Mill St. Rear. The second parcel consists of 13.6 acres on High Street (Route 109), according to a statement.

"This is a perfect example of a property sale that is primed for the accelerated marketing possess. The property itself has huge potential for a myriad of different buyers. The adjacent lots have outstanding value because of their location," said auctioneer Dan Flynn of Daniel J. Flynn & Co. "It was a fantastic opportunity for a buyer in one of Boston’s premier suburban areas."

The winning bidder, who was not named, is considering donating the property for conservation use. The law office of Rollins, Rollins & Fox of Wellesley represented the mortgagee, Peoples Federal Savings Bank. As typical with foreclosure auctions the high bidder has 30 days to close with the full amount due, according to a statement.

 

Flynn Auctions 30 Acres In Westwood For $2.5M

by Banker & Tradesman time to read: 1 min
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