Price Reduced 5.12%


Price History

$339,900
5/17/2024

$322,500
5/19/2024


636 Route 163 Route, Montville, CT, 06370

636 Route 163 Route, Montville, CT, 06370

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 and a natural gas stub 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.


Status:

Active

Type:

Lot / Acreage

Zoning:

R20m

Frontage:

Municipal Street,Paved Road

Acreage:

8

Est. Taxes:

$1,234

Assessment

$44,450

Utilities

Cable Available,Electric Available,Gas

Lot Description:

Some Wetlands,Treed,Dry,Sloping Lot,Cleared

Elementary School:

Per Board of Ed

High School:

Montville

Days on Market:

14

MLS #:

24018407


Community Info

School Info

Walk Score

Mass Transit

Yelp


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Listing courtesy of Leo Chomen, Signature Properties of NewEng Email: leochomen@gmail.com