Rare Opportunity to acquire and develop 17.29 Acres of land situated at intersection of Echo Lake Road and Buckingham Street [ Rte 262] in Watertown Ct Property is situated in an R-30 Zone District augmented by application of Residential / Office Transition Overlay Zone { Section 4.4 Watertown Zoning Regulation] Overlay Zone permits Multifamily Dwellings with density not to exceed 8 units Per Acres { Sec. 4.4 D. 4 WZR] Size & Zoning: 17.29 Acres - R-30 Zone + RT Transition Zone Overlay Unit Density: 8 units Per Acre Infrastructure: Public Water - Public Sewer - High Speed Internet - Schools Site Access: Corner of Echo Lake Road & Buckingham Street [ Ct Rte 262] Market Opportunity: Limited Multifamily Development / Together with Statewide Demand Site Plan Approval for Phase I - 21 Units - Per Site Plan
Listing By
Agency Name: Ghent Realty Advisors
Agent Name: Robert Ghent
Agency Phone: (203) 5971077
Shown By
Agency Title: Bain Real Estate
Agency Phone: (860) 927-4646
Estimated Payment
$ 11,163.37 per month $9,636.70 Principal & Interest $263.75 Property Tax $1,262.92 Homeowner's Insurance
741 Echo Lake | MLS# 24122642
This land located at 741 Echo Lake, Watertown, CT 06795 is currently listed for sale with an asking price of $4,330,000. The property has approximately 17.29 Acres. Search Watertown real estate on www.bainrealestate.com today.