6+/- Acres for Multi-family Development
Vacant Land
for Sale
Catylist Listing ID: |
30180631 |
Property Subtypes: |
Multi-Family
|
Gross Land Area: |
5.86 Acres
|
Sale Price: |
$893,000 |
Unit Price: |
$152,389 Per Acre |
Sale Terms: |
Other |
Cap Rate: |
Undisclosed |
Last Updated: |
1/18/2021 |
Overview / Comments
5.86 acres. 38 units may be developed as condominiums or rental units. Units may be customized for builder/developer. Great location near Wesleyan University and Main St. Foundation permit for first building has been issued by the City. 6 buildings allow for phasing of construction and financing. Very private site at the end of a cul-de-sac along the Coginchaug River and facing Veterans Park. Engineering and architectural design are complete. Public Water & Sewer. Zone: MX - Mixed Use.
|
Additional Details
Nearest MSA: |
Hartford-West Hartford-East Hartford |
County: |
Middlesex |
Property Visibility: |
Fair |
Largest Nearby Street: |
Route 6 Washington St. |
Highway Access: |
Route 9 |
Site Description: |
Vacant land for multi-family development. Shovel ready |
Zoning Description: |
MX - Mixed Use |
Topography: |
Level |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
13,267 |
50,177 |
82,333 |
Median Age: |
33.01 |
38.4 |
40.5 |
Households: |
5,210 |
21,005 |
33,934 |
© Copyright 2001-2020 Catylist. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Greater Hartford Association of REALTORS® nor
Catylist Real Estate Software, Inc. assume any liability for errors or omissions.
|