Do Real Estate on the Go!
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Do Real Estate on the Go!
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$1,250,000
4 Beds
2 Baths2 full baths
1,698sqft
224 Shore Rd, Old Lyme, CT 06371
$1,250,000
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Duplex
Built in 1928
$-- HOA
1.7 acres lot
$736/sq.ft
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!
- Houzeo last checked: 47 Minutes ago
- Listing updated: October 7, 2025 at 11:36 pm
- Listing Provided by: Jodi Serapilia | William Raveis Real Estate
- Source: SMART MLS-CT | MLS#: 24125637
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1928
HOA Fees
-
Finished Area
1,698 sqft
Lot Size
1.7 acres lot
Basement Area
- sqft
MLS Name
SMART MLS
MLS Number
24125637
MLS Status
Active
Days on Market
86
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