636 Route 163, Montville, CT 06370 (MLS # 170610202)

Price $339,900
Status Active
Size n/a
Lot Size 8.00 ac
Days on Market 171
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 extreme density which would allow more units than in most other zones. The site is serviced by city sewer 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.
Property Type(s): Commercial
Last Updated 4/1/2024 Year Built 2024
County New London

Price History

Prior to Jan 15, '24 $375,000
Jan 15, '24 - Mar 4, '24 $350,000
Mar 4, '24 - Apr 1, '24 $340,000
Apr 1, '24 - Today $339,900

Additional Details

AIR None
HEAT None
LOT 8 acre(s)
LOT DESCRIPTION Sloped, Wooded
TAXES 1234
UTILITIES Cable Available
ZONING r20m

Location

 

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Listing courtesy of Compass Connecticut, LLC
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