SQUARE FEET20,000
MLS#24176232
STATUSActive
PROPERTY TYPECommercial - Industrial
Property 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.
Property Features
Property Type: Commercial - Industrial
Cooling: None
Days on Market: 1
Fuel Type: Natural Gas
Heating: Hot Air, Zoned
Lot Size: 3.4 Acres
Roof Type: Flat
Taxes: $6,253
Year Built: 1967
Feature Descriptions
Exterior: Sidewalk, Lighting, Doors - 16-20 ft, Loading Dock/Grade, Outside Storage Area
Lot: Level Lot, Cleared
Lot Dimensions: 0
Potential Use: Medium Density Housing, Multi Family Housing, Apartments
Present Use: Light Industrial
Road Type: Municipal Street
Sewer: Public Sewer Connected
Utility Features: Electric, Electric Available, Gas Available, Telephone
Water: Public Water Connected
Listed By / Shown By
Listing By
Agency Name: Dave Jones Realty, LLC
Agency Phone: (203) 7580264
Agent Name: Jason D. Malagutti
Shown By
Agency Title: Lyman Real Estate
Agency Phone: (860) 887-5000
