0 Lanzeri StWaterbury, CT 06704

Property Details for 0 Lanzeri St

Property type

Residential income properties

Property subtype

Other land

Description

This exceptional 0.39-acre parcel presents a prime development opportunity in Waterbury, Connecticut. Located at the end of Lanzeri Street, this fee-simple land is zoned R.M. (Residential Moderate Density), allowing for the construction of multifamily buildings. The permitted density is a significant 24 units per acre, offering substantial potential for a high-return investment. Conveniently situated near the intersection of Lanzeri and Carmel Streets, the property boasts access to public water and sewer services. Furthermore, Eversource indicates the availability of natural gas at this location. This strategic positioning, coupled with the high permitted density, makes this land ideal for developers seeking to capitalize on the growing demand for multifamily housing in the Waterbury area. While this listing focuses on the 0.39-acre parcel, it's worth noting that additional adjacent land may be available for purchase, potentially providing desirable frontage on North Main Street. The asking price for this exceptional development opportunity is $25,000. This is a rare chance to acquire a well-located, buildable lot in a thriving Connecticut market. Don't miss this chance to build your next multifamily project.

Location Insight

City

Waterbury

County

New Haven

State

Connecticut

Latitude

41.5903

Longitude

-73.0346

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