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115 Groveland Ave
Putnam, CT 06260
Multifamily Property For Sale
·
2 Units


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 Per Unit | $478,676 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.35 AC |
| No. Units | 2 | Building Size | 2,464 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2006 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R-10 - Residential | ||
| Price Per Unit | $478,676 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 | $169,475 CAD |
| Land Assessment | $0 CAD | Total Assessment | $169,475 CAD |
Property Taxes
Parcel Number
PUTN-000008-000000-000018-000008
Land Assessment
$0 CAD
Improvements Assessment
$169,475 CAD
Total Assessment
$169,475 CAD
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