Income-producing single-family homeFour approved building lotsExisting single-family residence
Development Opportunity - Approved 5-Home Project Rare opportunity for builders, developers, and investors! This offering includes four approved building lots plus an existing single-family residence, creating the potential for a total of five homes. The owners have obtained subdivision approval from the town, and the approved site plan is available in the attached documents, allowing a builder to move forward with development. Included in the sale is an existing income-producing single-family home, currently leased through April 30, 2028, providing immediate rental revenue while development plans are executed. An exceptional investment opportunity with approvals in place, development potential, and built-in cash flow from the existing residence. Existing Home is a 10 Room, 4 Bedroom, 2.5 Bath Colonial with Lots of Room For Everyone! Main Level Features a Welcoming Foyer with Formal Dining Room, Living Room with a Woodburning Fireplace, First Floor Family Room with Entry Door to Outside (Perfect if You Have a Home Business), Library, Half Bath, Eat In Kitchen with an Adorable Breakfast Nook, First Floor Laundry and a Two Car Attached Garage with Entry Into Your Laundry Room. Second Floor Features Four Bedrooms with Two Full Bathrooms and a Walk Up Attic. Oil Hot Water Heat, Private Well and Septic. Features a Rolling Front Lawn with a Circular Driveway. Please Do Not Walk on Property Without an Appointment. Serious inquiries will be able to view the home on a 2nd or 3rd appointment as tenants are in place.
31 days
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668
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17
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Zillow last checked:
Listing updated:
Listed by:
PAT MOREGGI TEAM AT COLDWELL BANKER REALTY,
Patricia Moreggi(203)215-6957,
Coldwell Banker Realty203-239-2553
Source: Smart MLS,MLS#: 24191478
Facts & features
Interior
Interior area
Total structure area: 0
Property
Features
Frontage length: 273
Lot
Size: 7.8 Acres
Features: Few Trees, Rolling Slope, Approved Subdivision, Suburban
Details
Parcel number: 2012133
Zoning: R20
Utilities & green energy
Sewer: Septic Tank
Water: Well
Utilities for property: Cable Available, Electricity Available
Community & HOA
Community
Features: Library, Medical Facilities, Park, Private School(s), Public Rec Facilities