New Listing - 12/06/2024

$999,500 ($327.38 per sqft)

Est. Mortgage $4,858/mo *

Quick Pre-Approval

69 Hartford Avenue, Old Lyme, (Sound View), CT, 06371

69 Hartford Avenue, Old Lyme, (Sound View), CT, 06371

16 rooms

5 beds

5 Full baths

1976

Cape Cod

3,053 sqft

Searching for an investment or a family compound? 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.


Status:

Active

Town:

Old Lyme

Type:

Single-family residential

Zoning:

Sound View Village District

Garage:

None, On Street Parking, Driveway

Heating:

Baseboard

Cooling:

Wall Unit

Basement:

Crawl Space, Unfinished

Parking:

7-car

Acreage:

0.11

Est. Taxes:

$4,787

Assessment

$196,200

Lot Description:

Level Lot,Open Lot

Elementary School:

Mile Creek

Middle School:

Lyme-Old Lyme

High School:

Lyme-Old Lyme

Days on Market:

5

Appliances:

Oven/Range

MLS #:

24061756


Community Info

School Info

Walk Score

Mass Transit

Yelp


Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Teri Lewis, William Pitt Sotheby's Int'l Email: tlewis@wpsir.com