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USACTOld LymeN/a224 Shore Rd
224 Shore Rd, Home with 4 bedrooms, 2 bathrooms and null parking in Old Lyme CT | Image 1
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$1,250,000

224 Shore Rd, Old Lyme, CT

Real Estate

For Sale

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420
  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1698 sqft
Garage No
Taxes $3,225
Days Active 6
Lot Size 
Approx. Age 1928
Avg. Price Per Sqft $736
MLS® Number 24125637

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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!, Buyer/Buyer's agent to do due diligence. Permits are valid for 9 years with an option to extend past that an additional 5 years. See also commercial MLS#24124118Show Description
MLS® Number24125637
Laundry Level
Central VacNo
FireplaceNo
Acreage1.7
Exterior
GarageNo
Approx. Age1928
BasementPartial, Unfinished
DrivewayNone
Garage Spaces
HeatOil, Hot Water
A/CNone
Heating Fuel

Extras

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