224 Shore Road

Old Lyme, CT 06371 Directions
$1,250,000
  • 2Baths
  • 1,698Sqft
  • 1.7Acres
  • 1928Built
  • $736Price/Sqft

Property Highlights

  • Days on Market: 151
  • MLS: 24124118

Property Highlights

  • Days on Market: 151
  • MLS: 24124118

Investment Opportunity! Multi use property. Approved Permit for Storage Units. The "holy grail" of passive income! Property includes a Multi family house with 2 rental units in place and monthly income of approx $3400/ month. Back portion of lot permitted for up to 14, 000 Sq Ft of storage units with office space. Full approval and plans for four storage buildings ranging in size from 1800-4200 sq ft. One of four buildings to have a shop/office. This is the last available space in Old Lyme in which storage space can be built. Easy to build on, level open space. Sit back and earn money!

Property Highlights

  • Days on Market: 151
  • MLS: 24124118

Investment Opportunity! Multi use property. Approved Permit for Storage Units. The "holy grail" of passive income! Property includes a Multi family house with 2 rental units in place and monthly income of approx $3400/ month. Back portion of lot permitted for up to 14, 000 Sq Ft of storage units with office space. Full approval and plans for four storage buildings ranging in size from 1800-4200 sq ft. One of four buildings to have a shop/office. This is the last available space in Old Lyme in which storage space can be built. Easy to build on, level open space. Sit back and earn money!

Investment Opportunity! Multi use property. Approved Permit for Storage Units. The "holy grail" of passive income! Property includes a Multi family house with 2 rental units in place and monthly income of approx $3400/ month. Back portion of lot permitted for up to 14, 000 Sq Ft of storage units with office space. Full approval and plans for four storage buildings ranging in size from 1800-4200 sq ft. One of four buildings to have a shop/office. This is the last available space in Old Lyme in which storage space can be built. Easy to build on, level open space. Sit back and earn money!

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  • Additional Information
    • Acres: 1.7
    • Area Type: Highway Access, Other
    • Is Occupied?: Tenant
    • Living Area SqFt: 1,698
    • Present Use: multi family rental approx $3400/mo
    • Property Tax: $3,225
    • Road Frontage Description: Paved Road
    • Sewer: Septic
    • Tax Amount: $3,225
    • Unit Count: 2
    • Utilities Available: Electric Available, Phone Available, Cable Available
    • Year Built: 1928
    • Zoning: C-30
  • Interior Features
    • Flooring: Vinyl
    • Full Baths: 2
    • Furnace Type: Oil
    • Heat: Oil
    • Heat Fuel: Oil
    • Living SqFt Source: Public Records
    • Stories: 2
    • Total Baths: 2
  • Exterior Features
    • Roof: Asphalt Shingle
William Pitt / Julia B. Fee Sotheby's International Realty

Old Lyme Brokerage

103 Halls Road , P.O. Box 489
Old Lyme, CT 06371

Listing Courtesy of Jodi Serapilia of William Raveis Real Estate.

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