For sale
  • $1,250,000

    224 Shore Road, Old Lyme, CT 06371

    4beds
    1,698sqft
    : 
    Multi Family
    Built in 1928
    -- sqft lot
    $-- Zestimate®
    $736/sqft
    $-- HOA

    What's special

    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#24124118
    25 days
    |
    640
    |
    10
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