69 Hartford Avenue Active Save Request In-Person Tour Request Virtual Tour
Old Lyme,CT 06371
Key Details
Property Type Multi-Family
Sub Type 5 Family+
Listing Status Active
Purchase Type For Sale
Square Footage 3,053 sqft
Price per Sqft $327
MLS Listing ID 24060563
Style Units on different Floors
Bedrooms 9
Full Baths 5
Year Built 1976
Annual Tax Amount $4,787
Lot Size 4,791 Sqft
Property Description
Attention investors: Discover a rare multi-family property in a sought-after year-round beach community, presenting an exceptional investment with amazing rental income potential. This coastal haven features five units, each with off-street parking, and individual heating systems, streamlining management and enhancing tenant appeal. Units 1 and 2, located in the main house, offer spacious 2-bedroom accommodations, while Units 3 and 4 provide 2 smaller bedrooms alongside a kitchen and living space, unit 5 is a one bedroom-perfect for maximizing returns through Airbnb, whether during the bustling summer season or throughout the year. Unit 5 is a beautifully renovated one-bedroom apartment, complete with new flooring, new kitchen cabinets, and a fresh coat of paint, ready for new appliances. Capitalize on this unique opportunity to own a versatile property in a prime beach locale.
Location
State CT
County New London
Zoning Sound View Village District
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Cooling Wall Unit
Exterior
Exterior Feature Sidewalk,Deck,Guest House,Covered Deck
Parking Features None,Paved,Off Street Parking
Waterfront Description Walk to Water,Beach Rights,Water Community,Access
Roof Type Asphalt Shingle
Building
Lot Description Corner Lot,Level Lot
Foundation Concrete
Sewer Septic
Water Public Water Connected
Schools
Elementary Schools Mile Creek
Middle Schools Lyme-Old Lyme
High Schools Lyme-Old Lyme