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XOXO River Road

Tolland County CT 06279

3745288 sq. ft.
Other
Currently for sale - view listing

Overview

Developer wanted! 85.98 acres with 2,313' of road frontage is 30 seconds from I-84 exit 70. 4% interest construction loans available to developers, numerous programs sponsored by the state to address CT's affordable housing crisis, defined as at least 20% affordable & 50% moderate income level units, including state subsidized & non-subsidized units, senior 55+ and assisted living units. Public act 87-441 provides grants, loans & deferred loans for acquiring land. CHFA tax credits to developers up to $10 million annually. Per 2024 law affordable rental units to be assessed/taxed based on net rental income, not market value. Besides frontage for lots, the land has a nearly level area 250' x 600' parallel to RT 32. Willington's only senior housing facility, Willington Woods, is a 32 unit 70' x 200' building. Land abuts trout stocked Roaring Brook, diagonal across from town park with fields, pavilion & paved level walking trail. Google says 23 min to Hartford, 13 min to Rockville Hospital

Features

3745288 sq. ft. lot size
Other

Happy sellers in Tolland County

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We have insufficient information to provide an overview of customer satisfaction for Tolland County. Viewing the agent profiles, reviews and sales for Tolland County can provide insights for this location.

Local market activity for other properties in Tolland County

In the last 12 months, 1 other similar to XOXO River Road, have been sold.

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