Development Opportunity !


Property

Website:https://www.nestseekers.com/5249943
Address:
115 Groveland Apt: 7 & 8
Putnam, CT 06260
Ownership: Condo
Type: Condo
Bedrooms: 4 BR
Bathrooms: 4
Pets: Case by Case
Area: 3696 sq ft

Financials

Price:$699,900
Annual Taxes:$3,437

Description

Development Opportunity! Fully approved condominium project on a private lot with views, offering a turnkey development package including land, two existing townhouses with garages, and approvals for eight additional units to be built, with fully engineered plans available by request. Town approvals are in place, underground utilities are on site, and initial infrastructure has been completed. Public water and sewer available, condominium documents recorded, and unit building plans are available. Existing units provide immediate value while allowing future expansion of the remaining approved units - ideal for developers seeking income with significant upside. This is an opportunity to own or develop a planned community in the northeast corner of Connecticut, with convenient proximity to both Rhode Island and Massachusetts.

Amenities

  • Cook Top
  • Dishwasher
  • Elementary School - Per Board of Ed
  • High School - Per Board of Ed
  • Intermediate School -
  • Refrigerator

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Jennie Kesselman of Berkshire Hathaway NE Prop.