Price Reduced 5.99%
Price History
$319,000
10/17/2024
$299,900
11/24/2024
636 Route 163 Route, Montville, CT, 06370
0 sqft
Big price reduction makes this a steal considering price per unit!A lack of rental properties in Montville and our area makes this a golden opportunity for a developer with vision. This property is in a rare r20m zone which allows up to 18 units per acre! As a bonus there is already a 30x42 foundation that was to be a townhouse style duplex to get you started! The site is serviced by city sewer and a natural gas stub which is on the property. With this price and the density allowances your cost per unit can be minimized. You are encourage to do due diligence as I know you would to investigate the amount of uses as well as the amount of units allowed in this zone. Zoning info and maps are in the attachments. This can be the apartment complex that will pay dividends for years' to come.
Status:
Active
Type:
Lot / Acreage
Zoning:
R20
Frontage:
Municipal Street,Paved Road
Acreage:
8
Est. Taxes:
$1,234
Assessment
$44,450
Utilities
Cable Available,Electric Available,Gas
Lot Description:
Some Wetlands,Treed,Dry,Sloping Lot,Cleared
Elementary School:
Per Board of Ed
High School:
Montville
Days on Market:
66
MLS #:
24054008
Community Info
School Info
Walk Score
Mass Transit
Yelp
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Listing courtesy of Leo Chomen, Signature Properties of NewEng Email: leochomen@gmail.com