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69 Hartford Avenue, Old Lyme CT 06371

Current Price: $999,500

9 beds 5 baths 3053 sq. ft

Last Update: 1/5/2025

Property Type: Multi-Family For Sale

Public Remarks

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.

Map to Property at 69 Hartford Avenue, Old Lyme CT 06371


gps friendly

Residential Property Information for 69 Hartford Avenue, Old Lyme CT 06371

MLS #: 24060563

Style: Units on different Floors

Color: beige

Total Rooms:

Bedrooms: 9

Bathrooms: 5

Acres: 0.11

Year Built: 1976 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $4,787

Zoning: Sound View Village District

Mil Rate:

Assessed Value: $196,200 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 3053; below grade sq feet total is ; total sq ft is 3053

Features
Fireplaces: 0
Basement Desc.: Crawl Space
Exterior Siding: Vinyl Siding
Exterior Features: Sidewalk,Deck,Guest House,Covered Deck
Foundation: Concrete
Roof: Asphalt Shingle
Parking Spaces: 0
Garage/Parking Type: None,Paved,Off Street Parking
Swimming Pool: 0
Waterfront Feat.: Walk to Water,Beach Rights,Water Community,Access
Lot Description: Corner Lot,Level Lot
Nearby Amenities: Bocci Court,Golf Course,Paddle Tennis,Playground/Tot Lot,Public Rec Facilities,Tennis Courts
In Flood Zone: 0
Occupied: Tenant
Utility Information

Hot Water System Domestic

Heat Type: Baseboard

Fueled By: Electric,Propane.

Cooling: Wall Unit

Fuel Tank Location: Above Ground

Water Service: Public Water Connected

Sewage System: Septic

School Information

Elementary: Mile Creek

Intermediate:

Middle: Lyme-Old Lyme

High School: Lyme-Old Lyme

Marketing History

Current List Price: $999,500

Original List Price: $999,500

DOM: 30

Listing Date: 12/6/2024

Last Updated: 12/6/2024 3:12:01 PM

Listing Agent and Broker

List Agent Name: Teri Lewis

List Office Name: William Pitt Sothebys Intl