Silver Ridge Lane, Naugatuck, CT 06770

$499,000
List Price
$499,000
Status
ACTIVE
MLS#
170608919
Acres
7.77
Subdivision
Silver Ridge Lane
Neighborhood
Millville

Property Description

Perfect opportunity to pick up where the previous builder left off, and make some money doing so! 13 building lots in this planned unit development are available immediately for development into new single family homes. Take advantage of these times where buyers are digging for "turn-key" properties. Naugatuck has seen a rise in new construction within the past year and a demand-surge for new homes. Choosing these remaining lots as your next development project will allow you to offer homeowners a unique product with the bonus of having their yard work covered with the HOA in place. Silver Ridge Lane is an established community which will present itself to homebuyers as a well-manicured, thoughtfully laid out, and conveniently situated sub-division where it's secluded enough for comfortable living but close enough to main roads for commuters who may need that convenience. The HOA fee begins only when the homes are up, and will eventually cover the end-user's yard maintenance, trash fee, and exterior insurance. Most of the work that goes into a new sub-division is already done here. These lots are shovel ready with town approvals in place and laterals to the lots! Buyer will have the option to do their own due diligence, but many original lot maps, building plans, and other project info are available to review. Seller is open to consider creative financing options for the right buyer. Inquire today to take part in this lucrative and exciting project!

Additional Information

Taxes
$3,023
Hoa Fee
$480
Hoa Includes
Grounds Maintenance, Trash Pickup, Snow Removal, Water, Sewer, Property Management, Road Maintenance, Insurance
Lot Size
338,461
Waterfront Desc
Not Applicable
Sewer
Public Sewer Connected, Public Sewer In Street, Other
Water Source
Public Water Connected, Public Water In Street
Elementary School
Hop Brook
Middle School
City Hill
High School
Naugatuck

Mortgage Calculator

Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Zachary D. Nichols from Realty Exclusive LLC

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