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$ 1,272,000
Est. payment | /mo
8.99 Acres Lot
$ 1,272,000
Est. payment | /mo
8.99 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID 24153698
Annual Tax Amount $2,122
Lot Size 8.990 Acres
Property Sub-Type Residential Land
Property Description
Zoning: The property is situated in an RM Zone [Residential Moderate Density] District. Among other uses, the Zone permits multifamily residential development at a density of 24.0 Units / Acre. Building in the RM district cannot exceed 12 Units per building and each unit requires 1.5 parking spaces. Prior site approval allows for 106 Apartments in 13 Building. 8-30g is not applicable to development in Waterbury. Utilities: Public Water, Public Sewer and Public Storm water are Available on Vivian Drive, Thornhill Circle & Village Wood Drive. The area has access to High-Speed Internet Service. Ct Transit has bus service on Scott Road. The site is readily accessible to I-84Ct Rte. 8; Ct Rte. 69. Waterbury Metro North Train Service is a 10 Minute Drive Market: Waterbury Vacancy Rate is 3.6% . CoStar reports a market vacancy rate of 3.6 % with no new deliveries in the last 12 Month. There has been limited Multifamily development activity in Waterbury over the last 5 Years. Housing Demographics: Population as of 2023 DECD profile was 114,356. The Waterbury Plan of Conservation and Development states that population grew to 115,908 at the end of 2024. There are 50,577 Housing Units in Waterbury a 1/3 of which were built prior to 1940.
Location
State CT
County New Haven
Zoning RM
Exterior
Utilities Available Electric Available, Phone Available, Cable Available
Waterfront Description Not Applicable
Building
Lot Description City Views, Sloping Lot
Sewer Public Sewer In Street
Water Public Water In Street
Schools
Elementary Schools Margaret M. Ganerali
Middle Schools Wallace
High Schools Crosby
Listed by Robert Ghent • Ghent Realty Advisors
Nearby Locations
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