Do Real Estate on the Go!
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Do Real Estate on the Go!
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$699,900
-- Bed
- -- Bath
85.98acres lot
000 River Rd, Willington, CT 06279
$699,900
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Residential Lot
Built in -
$-- HOA
85.98 acres lot
$8,140/acre
Description
Developer wanted! 85.98 acres with 2,313' of road frontage is 30 seconds from I-84 exit 70. 4% interest construction loans available to developers, numerous programs sponsored by the state to address CT's affordable housing crisis, defined as at least 20% affordable & 50% moderate income level units, including state subsidized & non-subsidized units, senior 55+ and assisted living units. Public act 87-441 provides grants, loans & deferred loans for acquiring land. CHFA tax credits to developers up to $10 million annually. Per 2024 law affordable rental units to be assessed/taxed based on net rental income, not market value. Besides frontage for lots, the land has a nearly...
Continue ReadingProperty Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
85.98 acres lot
Basement Area
- sqft
MLS Name
SMART MLS
MLS Number
24049906
MLS Status
Active
Days on Market
430
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