Approved Townhome Development
30 Bidwell St, Manchester, CT 06040
For Sale
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2.75 acres, fully approved for 26 build-to-rent townhomes.
Property SizeContact for details
Lot Size2.75 Acres
Days on Market1355
Property Features for 30 Bidwell St
General Information
Standard status
Lot size
Property subtype
Zoning
Listing Agency:
Kanam Realty Group
Listed By:
Hari Kuppuraj · License #TX 774745
Source:
Crexi
Added: Feb 24, 2023
Changed: Oct 25
Last Checked: Oct 25 at 2:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kanam Realty Group
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Investment Insights
Based on property information with market context.
This 2.75-acre property is fully approved for a build-to-rent development consisting of 26 townhomes. The land is flat and clear, with no trees present. The site plan and floor plans are available. Each unit is projected to rent for $1,700 to $1,800 per month. The property is shovel-ready and currently AG-exempted, resulting in very low property taxes. The location offers convenient access to HWY 384, 84, and 91. It is situated near various shopping destinations, including Walmart, Target, Home Depot, Lowes, Costco, Traders Joe, Shoppers Stop, Evergreen walk, and Wholefoods, in a desirable neighborhood. The intended use of this property is for the construction of 26 townhomes for rent.
Key Highlights
- Fully approved and entitled for 26 townhomes, a perfect build‑to‑rent project.
- Shovel‑ready lot on 2.75 acres of flat, clear land, ready for immediate construction.
- Potential rental income of $1700-$1800 per unit per month.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
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Business Placement
Demographics for 06040, CT
35,676
Population
15,550
Households
2.3
Avg Household Size
39
Median Age
36%
College-Educated
93%
High-School Grad
16.9 sq mi
ZIP Area
2,111
Density / Sq Mi
$84,741
Median Household Income
$48,208
Median Earnings
$1,361
Median Rent
$238,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - 2.75 acres, fully approved for 26 build-to-rent townhomes.
Where is this residential land & home lot located?
The property is located at 30 Bidwell St Manchester, CT.
What is the asking price?
The asking price for this property is $1,040,000.
What are key features of this property?
This property features: Fully approved and entitled for 26 townhomes, a perfect build‑to‑rent project.; Shovel‑ready lot on 2.75 acres of flat, clear land, ready for immediate construction.; Potential rental income of $1700-$1800 per unit per month.
