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.
| Website: | https://www.nestseekers.com/5483832 |
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| Address: | 1172, 1184, 1236, Hope, N North Main Waterbury, CT 06704 |
| Ownership: | Commercial |
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| Type: | Commercial |
| Area: | 20000 sq ft |
Financials
Price:$850,000
Annual Taxes:$6,253
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.
Amenities
- Doors - 16-20 ft
- Elementary School -
- High School -
- Intermediate School -
- Lighting
- Loading Dock/Grade
- Outside Storage Area
- Sidewalk
Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878 Phone: +1 203-204-9555 | |
| Listing Courtesy of Jason Malagutti of Dave Jones Realty, LLC | |