9+ Acres of Multi Family land
Vacant Land
for Sale
| Catylist Listing ID: |
30179660 |
| Property Subtypes: |
Multi-Family
|
| Gross Land Area: |
9.16 Acres
|
| Sale Price: |
$400,000 |
| Unit Price: |
$43,668 Per Acre |
| In Opportunity Zone? |
Yes |
| Sale Terms: |
Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
8/28/2020 |
Overview / Comments
9.16 Acres to be developed for Multi-family units. Plus a 0.16 acre lot on West St. Up to 79 units allowed. Public Water & Sewer. Zone: MF - Multi-family. Taxes: $6,356. Existing 1,228 SF house.
I-395, exit 11. East on Route 82. Right onto Mechanic St. Right onto Spring St. to Avery St Ext. Find Lyman Sign on left. To see where property ends, go left onto Woodside Ave, left onto West St. Other sign on left.
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Additional Details
| Nearest MSA: |
Norwich-New London |
| County: |
New London |
| Tax ID/APN: |
79 1 1 |
| Property Visibility: |
Fair |
| Site Description: |
Vacant land |
| Area Description: |
Rural |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,228 |
37,089 |
62,613 |
| Median Age: |
34.52 |
38.33 |
39.62 |
| Households: |
4,216 |
14,977 |
24,644 |
|
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