0 Silver Ridge
Naugatuck, CT 06770

Property

Ownership: Land
Type: Land
Pets: Pets Unknown

Financials

Price: $499,000
Annual Taxes: $3,023
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Courtesy of Zachary D Nichols of Realty Exclusive LLC

Description

Perfect opportunity to pick up where the previous builder left off, and make some money doing so! 13 building lots in this planned unit development are available immediately for development into new single family homes. Take advantage of these times where buyers are digging for "turn-key" properties. Naugatuck has seen a rise in new construction within the past year and a demand-surge for new homes. Choosing these remaining lots as your next development project will allow you to offer homeowners a unique product with the bonus of having their yard work covered with the HOA in place. Silver Ridge Lane is an established community which will present itself to homebuyers as a well-manicured, thoughtfully laid out, and conveniently situated sub-division where it's secluded enough for comfortable living but close enough to main roads for commuters who may need that convenience. The HOA fee begins only when the homes are up, and will eventually cover the end-user's yard maintenance, trash fee, and exterior insurance. Most of the work that goes into a new sub-division is already done here. These lots are shovel ready with town approvals in place and laterals to the lots! Buyer will have the option to do their own due diligence, but many original lot maps, building plans, and other project info are available to review. Seller is open to consider creative financing options for the right buyer. Inquire today to take part in this lucrative and exciting project!

Amenities

  • Elementary School - Hop Brook
  • High School - Naugatuck
  • Intermediate School - Hillside

Neighborhood

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Perfect opportunity to pick up where the previous builder left off, and make some money doing so !


All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.