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115 Groveland Ave 2 Unit Apartment Building $994,946 CAD ($497,473 CAD/Unit) Putnam, CT 06260



Executive Summary
Development Opportunity! Fully approved condominium project on a private lot with views, offering a turnkey development package including land, two existing townhouses with garages, and approvals for eight additional units to be built, with fully engineered plans available by request. Town approvals are in place, underground utilities are on site, and initial infrastructure has been completed. Public water and sewer available, condominium documents recorded, and unit building plans are available. Existing units provide immediate value while allowing future expansion of the remaining approved units - ideal for developers seeking income with significant upside. This is an opportunity to own or develop a planned community in the northeast corner of Connecticut, with convenient proximity to both Rhode Island and Massachusetts.
Property Facts
| Price | $994,946 CAD | Building Class | C |
| Price Per Unit | $497,473 CAD | Lot Size | 1.35 AC |
| Sale Type | Investment | Building Size | 2,464 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2006 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R-10 - Residential | ||
| Price | $994,946 CAD |
| Price Per Unit | $497,473 CAD |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.35 AC |
| Building Size | 2,464 SF |
| No. Stories | 2 |
| Year Built | 2006 |
| Opportunity Zone |
Yes |
| Zoning | R-10 - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 2 | - | - |
Property Taxes
| Parcel Number | PUTN-000008-000000-000018-000008 | Improvements Assessment | $168,868 CAD |
| Land Assessment | $0 CAD | Total Assessment | $168,868 CAD |
Property Taxes
Parcel Number
PUTN-000008-000000-000018-000008
Land Assessment
$0 CAD
Improvements Assessment
$168,868 CAD
Total Assessment
$168,868 CAD
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115 Groveland Ave
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