Properties

Property 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!

Features
Heating System:
Hot Water
Cooling System:
No
Basement:
Unfinished, Partial
Foundation Type:
Concrete
Heat Fuel Type:
Oil
Exterior Siding:
Vinyl Siding
Fireplaces Total:
0
Parking Total Spaces:
0
Hot Water Description:
Domestic
Lot Description:
Level Lot
Water Source:
Public Water Connected
Address Map
Street:
Shore
Street Number:
224
Floor Number:
0
Longitude:
W73° 41′ 33.2”
Latitude:
N41° 20′ 47.8”
MLS Addon
Office Name:
William Raveis Real Estate
Agent Name:
Jodi Serapilia
List Agent MLSID:
SIEFKENJO
List Office MLSID:
RAVE51
Tax Year:
July 2025-June 2026
Directions:
GPS friendly
Elementary School:
Mile Creek
High School:
Lyme-Old Lyme
HOA Fee Amount:
$0
Parcel Number:
1550900
Property Tax:
$3,225
Zoning:
C-30

Multi-family For Sale

224 Shore, Old Lyme, 06371

4 Bedrooms
2 Bathrooms
1,698 Sqft
$1,250,000
Listing ID #24125637
Basic Details
Property Type :
Multi-family For Sale
Listing Type :
For Sale
Listing ID :
24125637
Price :
$1,250,000
Bedrooms :
4
Baths Total :
2
Bathrooms :
2
Half Bathrooms :
0
Square Footage :
1,698 Sqft
Year Built :
1928
Lot Area :
1.70 Acre
City:
Old Lyme
Zipcode:
06371
Property Sub Type :
2 Family
Style :
Townhouse
Agent info
RE/MAX Right Choice
43 South Main Street, Newtown CT 06470
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