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75 Bowen Street Hamden, CT 06514
0.92 Acres Lot
UPDATED:
01/15/2025 05:15 PM
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24067767
Annual Tax Amount $720
Lot Size 0.920 Acres
Property Description
Approved for the construction of a multi-residential development featuring 16 units across two buildings. Potential tax reductions or incentives may be available for low-income rentals, as Hamden is encouraging such developments (buyer to verify independently). The 16-unit design is well-suited to the neighborhood and optimized for cost-effective construction. The site is on flat land, requiring minimal site work aside from some tree removal, with no ledge or rock to contend with. Expected rents for the 2-bedroom units range from $1,850 to $2,000 per month, projecting a gross annual income of $384,000 ($2,000/month per unit). The listing agent can provide the Planning and Zoning special permit, as well as site plans and drawings, upon request.
Location
State CT
County New Haven
Zoning R5
Exterior
Utilities Available None/Unknown
Waterfront Description Not Applicable
Building
Lot Description Level Lot
Sewer None
Water None
Schools
Elementary Schools Per Board Of Ed
High Schools Hamden
Listed by Lauren Freedman • Coldwell Banker Realty