Norwich CT - Multi-Family Land

Vacant Land for Sale
Catylist Listing ID: 28655446
Property Subtypes: Multi-Family
Gross Land Area: 1.88 Acres
Sale Price: $175,000
Unit Price: $93,085 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/27/2017

Overview / Comments

1.88 Acres, Zoned MF (Multi-Family). Zoned for 16 units as-is. All public utilities available. City owned abutting lots, potentially increasing unit yield. Historic Downtown location with river views.

Additional Details

Nearest MSA: Norwich-New London
County: New London
Zoning: MF
Market Type: Medium
Side of Street: West
Road Type: Paved
Property Visibility: Excellent
Topography: Rolling
Available Utilities: Electric, Water, Gas, Storm Drain, Cable, Broadband

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,615 39,719 57,015
Median Age: 33.82 38.41 39.66
Households: 3,862 16,034 22,967
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