Listing courtesy of Heather Mann from Dippold & Dennehy Real Estate Group
Large Development opportunity! 8.5 acres in the residential/commercial zone of Low tax Alton. The property is already generating income with 2 single family ranch rental units. Both homes have a private paved road, 410' of frontage on main St. (Rt 11) and municipal water. Local zoning ordinance allows for one unit on every 14,000 Sqft. you can either subdivide or continue to develop rental units. The property has the potential of supporting up to 26 lots or rental units with Municipal water and private sewer. you could also build your dream home and continue to rent the two ranches as supplemental income LOT'S of possibilities. The Sqft listed in MLS. is for both single family homes combined.
Copyright 2021 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated .