38 Dowd Ave Canton, CT 06019

Property Details for 38 Dowd Ave

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a meticulously planned 60-unit apartment complex situated in the highly desirable Canton, Connecticut. The property, located at 38-42 Dowd Ave, 06019, boasts an approved development plan for 60 residential units, complemented by 6,000 square feet of dedicated commercial space. This is the last approved apartment complex in the area without any affordable housing requirements, presenting a unique advantage in the market. Its prime location offers unparalleled convenience, being within walking distance of the vibrant Shops in Canton Village, the scenic Farmington Trails, and the heart of Canton's town center. The property features a leveled lot, minimizing site preparation needs, and benefits from readily available utilities including natural gas, public water, and sewer lines conveniently located on the same street. This turnkey development project offers significant potential for immediate returns and long-term appreciation, making it an exceptional addition to any investment portfolio. The property's strategic location and the absence of affordable housing requirements make it a truly rare and highly sought-after opportunity in the competitive Connecticut real estate market. This is a chance to acquire a fully approved project ready for immediate development.

Location Insight

City

Canton

County

Hartford

State

Connecticut

Longitude

-72.9038369

Latitude

41.8259241