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$1,250,000
54 Days On Site
224 Shore RoadOld Lyme, CT 06371
For Sale|Duplex|Active
4
Beds
2
Total Baths
2
Full Baths
1,698
SqFt
$736
/SqFt
1928
Built
County:
New London
Listing courtesy of Jodi Serapilia of William Raveis Real Estate
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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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Listing Snapshot
Price
$1,250,000
Days On Site
54 Days
Bedrooms
4
Inside Area (SqFt)
1,698 sqft
Total Baths
2
Full Baths
2
Partial Baths
N/A
Lot Size
1.7 Acres
Year Built
1928
MLS® Number
24125637
Status
Active
Property Tax
$3,225
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 4 weeks ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen on site |
General Features
Acres
1.7
Foundation
Concrete Perimeter
Parking
None
Property Sub Type
Duplex
Sewer
Septic Tank
SqFt Total
1698
Style
Units on different Floors
Water Source
Public
Zoning
C-30
Interior Features
Basement
PartialUnfinished
Heating
OilHot Water
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Exterior Features
Construction Details
Vinyl SidingFrame
Lot Features
Level
Roof
Asphalt
Schools
School District
Unknown
Elementary School
Mile Creek
Middle School
Unknown
High School
Lyme-Old Lyme
Listing courtesy of Jodi Serapilia of William Raveis Real Estate
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc.
Last checked: 2025-11-04 07:43 AM UTC.
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc.
Last checked: 2025-11-04 07:43 AM UTC.
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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