Price Reduced 6.71%
Price History
$1,490,000
7/16/2024
$1,390,000
9/13/2024
600 Silver Lane, Stratford, (Bunnell), CT, 06614
87 rooms
33 beds
22 Full baths
1967
Other
2,100 sqft
Calling all developers and investors, if you're looking for a nice safe investment in a mid-size project this is it! Previously marketed with just the 9 condos lots, seller is now willing to take offers on the entire development. The one existing finished house is not available. What you get are the rights to construct 9 brand new detached single-family condominiums. Each unit is 3 bedrooms, 2.5 baths and features vaulted ceilings, attached two car garage and a full basement. In addition, the 6-unit apartment building is now for sale as well. This building was the original church on the property. The building needs to be remodeled on the interior and some additional work to the exterior, but the bones are very solid, and conversion will be a very quick process compared to a new build. You can build and sell the condominiums, re-coup your capital and keep the 6-unit apartment building or build and keep the whole 15-unit project with great monthly cash flow. Come take advantage of this rare investment opportunity today.
Status:
Active
Town:
Stratford
Type:
Multi-family
Units:
15
Zoning:
C-8
Heating:
Hot Air
Cooling:
Central Air
Basement:
Full
Acreage:
2.2
Est. Taxes:
$28,540
Assessment
$709,940
Lot Description:
Lightly Wooded
Elementary School:
Per Board of Ed
High School:
Per Board of Ed
Days on Market:
64
MLS #:
24032962
Community Info
School Info
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Listing courtesy of Stephen Shapiro, Davis Owen Real Estate Email: goldcoasthouses@gmail.com