A great opportunity to build a subdivision of multi family dwellings (a combination of single, 2-family or multi-family units) on 2.81 acre parcel of land. Residential land in the area is typically low density. Detailed plan to build a 24 unit subdivision is available. Further, the parcel is in the Opportunity Zone and Enterprise Zone and may qualify for tax abatement or deferment. Buyer to do their own due diligence. Parcel is within half a mile of mass transit, close to I395. Close to Norwich Harbor, Museums, waterfall park & gardens, and Hiking Trails. Mohegan Sun & Three Rivers Community College are within easy driving distance. William Backus Hospital, Department of Education & The City of Norwich are the largest employers in the area. Detailed subdivision plans are available upon request.
MLS# | 170586416 |
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Listing Type | For Sale |
Style | House |
Status | Active |
Days On Site | 441 |
Listing Provided By | DreamHomes Realty LLC | Nutan Pawar |
Zoning | MF |
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Acreage | 2.81 |
Golf Course | Yes |
Water Front | Yes |
State | CT |
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County | New London |
City | Norwich |
Zip Code | 06360 |
Area | New London |
School District | Per Board of Ed |
Elementary School | Per Board of Ed |
Listing VS Median (in 06360) | |
Price: $225,000 low | high Med: $262,000 On Site: 441 low | high Med: 26.000000 |