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In-PersonVirtual Tour
$ 650,000
Est. payment | /mo
10 Acres Lot
$ 650,000
Est. payment | /mo
10 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 170598503
Annual Tax Amount $7,842
Lot Size 10.000 Acres
Property Description
PROPERTY IS LOCATED IN AN OPPORTUNITY ZONE WITH SIGNIFICANT FEDERAL TAX INCENTIVES TO AVOID CAPITAL GAINS FROM OTHER PROJECTS. HILL TOP LOCATION WITH 5 MILE VIEWS. SHOVEL READY PLANS FOR 65 UNITS (SEE ATTACHMENTS) TO BE SEPARATED BY A LOT LINE ADJUSTMENT FROM LARGER PARCEL PLANNED FOR 300 TOTAL UNITS. ASKING IS $10,000 PER UNIT FOR THE 65 UNITS BUYER CAN OBTAIN AN OPTION FOR THE BALANCE AT REDUCED COST. PDF OF SITE PLANS AVAILABLE.
Location
State CT
County New London
Zoning MULTI FAMILY
Exterior
Utilities Available Electric Available, Gas Available, Phone Available, Cable Available
Waterfront Description Not Applicable
Building
Lot Description City Views, Additional Land Avail., Water View
Sewer Public Sewer In Street
Water Public Water In Street
Schools
Elementary Schools Per Board Of Ed
Middle Schools Per Board Of Ed
High Schools Norwich Free Academy
Listed by Daniel Del Grosso • Best Brokers