Norwich, CT 06360,30 Hinckley Street
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HomeSmart Professionals Real Estate

HomeSmart Professionals Real Estate

+1(401) 921-5011
$ 650,000
Est. payment | /mo

10 Acres Lot


Save
$ 650,000
Est. payment | /mo
Save

10 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 170598503

Annual Tax Amount $7,842

Lot Size 10.000 Acres

Property Description

PROPERTY IS LOCATED IN AN OPPORTUNITY ZONE WITH SIGNIFICANT FEDERAL TAX INCENTIVES TO AVOID CAPITAL GAINS FROM OTHER PROJECTS. HILL TOP LOCATION WITH 5 MILE VIEWS. SHOVEL READY PLANS FOR 65 UNITS (SEE ATTACHMENTS) TO BE SEPARATED BY A LOT LINE ADJUSTMENT FROM LARGER PARCEL PLANNED FOR 300 TOTAL UNITS. ASKING IS $10,000 PER UNIT FOR THE 65 UNITS BUYER CAN OBTAIN AN OPTION FOR THE BALANCE AT REDUCED COST. PDF OF SITE PLANS AVAILABLE.

Location

State CT

County New London

Zoning MULTI FAMILY

Exterior

Utilities Available Electric Available, Gas Available, Phone Available, Cable Available

Waterfront Description Not Applicable

Building

Lot Description City Views, Additional Land Avail., Water View

Sewer Public Sewer In Street

Water Public Water In Street

Schools

Elementary Schools Per Board Of Ed

Middle Schools Per Board Of Ed

High Schools Norwich Free Academy

Listed by Daniel Del Grosso • Best Brokers
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Helping real estate be fast, fun and stress-free!

+1(401) 921-5011

broker@therhodehome.com

100 Quaker Lane, Warwick, RI, 02886

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30 Hinckley Street