|Price/Rent PSF||$ 975,000.00|
|SQ. FT. Available||9,671|
Coastal Apartment Building Property
Near beaches- 2 Colleges and Coast Guard Academy
Quiet coastal New London Neighborhood
Easy Access to I-95
Shoreline Multifamily Investment and Development Opportunity.
This 2.7 acres property boasts a a seven unit apartment building, a four bedroom single family home, five garages all in a finely landscaped park-like setting. Adjoining 4 bed/ 2.5 bath home on 0.5 acres also available to create a 3.2 acre site
Opportunities for Investment Include:
Subdivide excess land - sell or develop up to 5 home sites
Seek approval to redevelop the entire site for larger single family subdivision or over 55 units of multifamily space.