A local developer has proposed constructing a four-making, 16-device townhouse complex on the lot future to the Dollar Common keep in Hampden exactly where a blighted house as soon as stood.
The Hampden Setting up Board will think about the proposal at 7 p.m. Wednesday at the town workplace at 106 Western Ave.
It’s the most current proposal in the Bangor space for new housing units as the region sees demand from customers increase for new housing amid soaring actual estate rates that have boxed a lot of prospective buyers out of the market.
NKSE Investment decision LLC procured the 2.1-acre house at 676 Key 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 feet and home four two-story, two-bed room units, in accordance to designs submitted to the city business office. The entrance to the complicated would be as a result of the Greenback Typical parking whole lot and not instantly onto Principal Road North, which is also Route 1A.
On the first flooring of just about every unit would be a dwelling home, kitchen and dining room, and 50 % bathtub. The second ground would characteristic two bedrooms and a total bathroom.
Building expenditures are approximated at $2.4 million. Internet cash flow from the property when totally occupied is estimated to be about $18,000 a month, according to the software and supporting files.
The house wherever the new townhouse complex is to be crafted was 1 target of a recent Hampden work to give the city more ability to power house proprietors to repair service unsafe buildings.
As a outcome of that effort and hard work, Hampden amended its zoning ordinance in early 2021 to increase habitability standards to tackle the dilemma of buildings devoid of operating loos, gaping holes in roofs that let in water and snow, missing home windows and varmint infestations that made them unsafe to inhabit. The modification does not use to schedule house upkeep.
At the commencing of 2020, there were being at least five uninhabitable structures in Hampden, a town of about 7,700 residents, according to Code Enforcement Officer Ryan Carey, which include the dilapidated residence then at 676 Main Road North.
In addition, the city not long ago awarded a bid to demolish a city-owned, blighted dwelling at the corner of Western Avenue and Main Highway North. It was a single of the couple of houses remaining in what has in excess of the many years turn out to be generally a business enterprise district. Plans for the residence have not been designed general public.