Norwich CT - Multi-Family Land

Vacant Land for Sale
Catylist Listing ID: 28655446
Property Subtypes: Multi-Family
Gross Land Area: 1.88 Acres
Sale Price: $75,000
Unit Price: $39,893 Per Acre
In Opportunity Zone? Yes
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 7/7/2021

Overview / Comments

1.88 Acres, Zoned MF (Multi-Family). Zoned for 16 units as-is. All public utilities available. City owned abutting lots, potentially increasing unit yield. Historic Downtown location with river views.

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Additional Details

Nearest MSA: Norwich-New London
County: New London
Tax ID/APN: 82 18 21
Zoning: MF
Market Type: Medium
Side of Street: West
Road Type: Paved
Property Visibility: Excellent
Topography: Rolling
Available Utilities: Electric, Water, Gas, Storm Drain, Cable, Broadband

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,615 39,719 57,015
Median Age: 33.82 38.41 39.66
Households: 3,862 16,034 22,967


Photograph of Listing Agent

Ronald E. Lyman

Lyman Real Estate CTCList Member
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