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$ 1,250,000
Est. payment | /mo
2 Baths
1,698 SqFt
$ 1,250,000
Est. payment | /mo
2 Baths
1,698 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,698 sqft
Price per Sqft $736
MLS Listing ID 24124118
Full Baths 2
Year Built 1928
Annual Tax Amount $3,225
Lot Size 1.700 Acres
Property Description
Investment Opportunity! Multi use property. Permitted 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. Permitted 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. Sit back and earn money!
Location
State CT
County New London
Zoning C-30
Interior
Heating Hot Water
Cooling None
Flooring Vinyl
Exterior
Utilities Available Electric Available, Phone Available, Cable Available
Roof Type Asphalt Shingle
Building
Lot Description Some Wetlands, Level Lot, Cleared
Story 2
Sewer Septic
Water Public Water Connected
Listed by Jodi Serapilia • William Raveis Real Estate
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Dwayne Jones Jr
REALTOR® | Lic# REB.0795057