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33 N River St - Enfield Station Apts- a Develop. Opportunity 3.24 Acres of Commercial Land Offered at $3,000,000 in Enfield, CT 06082



EXECUTIVE SUMMARY
PROPERTY FACTS Under Contract
| Price | $3,000,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 3.42 AC |
| Property Type | Land | ||
| Zoning | TOD - TOD MULTI-FAMILY | ||
| Price | $3,000,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 3.42 AC |
| Zoning | TOD - TOD MULTI-FAMILY |
1 LOT AVAILABLE
Lot
| Price | $3,000,000 | Lot Size | 3.24 AC |
| Price Per AC | $925,925.93 |
| Price | $3,000,000 |
| Price Per AC | $925,925.93 |
| Lot Size | 3.24 AC |
Riverfront property zoned Transit Oriented Development targeted for multi-family development. Rectangular parcel approx. 811' X 175' (AVG Depth), gently sloping topography. Scenice Riverfront with western views.
DESCRIPTION
Sceinc & Tranquil Connecticut River Views from this 3.24 acre multi-family development site located on the eastern bank of the CT River adjacent to the recently approved Enfield Rail Station. Transit Oriented Development district with substantial finanical incentives for MF development. Estimated 150 to 250 units in 1 to 3, four-story buildings. Public Transportation via new train station at the doorstep. One stop to Springfield MA (EST 5 minutes) and two stops to downtownHartford (EST 15 minutes). Public Utilities avaiable at site. Town designated development priority site for MF housing. Adjacent to 472 Unit Bigelow Commons Apartments with 98% reported historical occupancy. Rare opportuinty with supportive town and substantial financial incentives available.
PROPERTY TAXES
| Parcel Number | 007 0003 | Improvements Assessment | $0 |
| Land Assessment | $41,800 | Total Assessment | $41,800 |
PROPERTY TAXES
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33 N River St - Enfield Station Apts- a Develop. Opportunity
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