I am trying to obtain a property through wholesaling. It comes with an extra lot and I am not sure how to calculate the value for that. The area around is pretty developed, so I am not able to a comparison. The property is located in Charlestown, MA, so a pretty affluent neighborhood in Boston. If anyone has any insight on how to navigate this, I would be super appreciative!
I would start at city hall to be sure it is two lots. If they tax it as two lots then they should have the approximate size listed. You would also want to check to see if it can be divided off (if you are thinking of selling it off) or what you could build on it, if you wanted to build and then sell.
Can also check the deed.