69 Hartford Avenue Active

Old Lyme,CT 06371

$ 999500

9 Beds

5 Baths

3053 SqFt


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

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

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