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$ 850,000
Est. payment | /mo
20,000 SqFt
$ 850,000
Est. payment | /mo
20,000 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 20,000 sqft
Price per Sqft $42
MLS Listing ID 24176232
Year Built 1967
Annual Tax Amount $6,253
Lot Size 3.400 Acres
Property Description
Exponential Potential Abounds with this 5 Parcel Under-developed, RM Zoned (Moderate Density Multi Residence) parcel currently being utilized as light industrial on only a fraction of the parcel. With 3.4 acres total of prime investment Real Estate this represents a generational opportunity to build, or add to your investment portfolio. Held in the same family since the 1940s, this jewel is awaiting your vision for a windfall redevelopment. Current tenant paying 5700 a month, on only a fraction of the land, should buyer determine to maintain the existing structure. Owner currently nets $44,000 per year. Scarce opportunities like this still exist, do not miss your chance to be a part of this opportunity to generate unparalleled return, on a fractional investment.
Location
State CT
County New Haven
Zoning RM
Interior
Heating Hot Air, Zoned
Cooling None
Exterior
Exterior Feature Sidewalk, Lighting, Doors - 16-20 ft, Loading Dock/Grade, Outside Storage Area
Utilities Available Electric, Electric Available, Gas Available, Telephone
Roof Type Flat
Building
Lot Description Level Lot, Cleared
Foundation Concrete, Slab
Sewer Public Sewer Connected
Water Public Water Connected
Listed by Jason Malagutti • Dave Jones Realty, LLC
Nearby Locations
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