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406 Sabin Street Putnam, CT 06260
4.25 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24177764
Annual Tax Amount $1,164
Lot Size 4.250 Acres
Property Sub-Type Residential Land
Property Description
Rare opportunity to acquire a potential residential development site located within a Qualified Opportunity Zone in Putnam. Previously approved subdivision plans in 2008 along with updated conceptual plans completed in 2022 provide valuable groundwork for future development. The property was designed for a proposed 12-unit subdivision with city water and sewer available, offering excellent future upside for builders, developers, and investors seeking long-term investment potential in northeastern Connecticut. Public utilities already available to the site provide a significant advantage while supporting continued housing demand in the area. Conveniently located near downtown Putnam, shopping, restaurants, schools, and I-395, the property combines location convenience with strong residential development potential. Opportunity Zone designation may provide potential tax advantages to qualified investors, including the potential for deferred and reduced capital gains taxes through qualified investment structures. Buyers to perform their own due diligence regarding approvals, permits, utility connections, development feasibility, and Opportunity Zone requirements.
Location
State CT
County Windham
Zoning SZD
Exterior
Utilities Available None/Unknown
Waterfront Description Not Applicable
Building
Lot Description Rear Lot, Treed
Sewer Public Sewer In Street
Water Public Water In Street
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
Listed by Androula Kazantzis • Kazantzis Real Estate, LLC