224 Shore Road, Old Lyme, CT 06371

Local realty services provided by:Better Homes and Gardens Real Estate Shore & Country Properties
224 Shore Road,Old Lyme, CT 06371
$1,250,000
  • 4 Beds
  • 2 Baths
  • 1,698 sq. ft.
  • Multi-family
  • Active
Listed by:jodi serapilia
Office:william raveis real estate
MLS#:24125637
Source:CT

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$736.16

About this home

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!

Contact an agent

contact an agent

Yes, I would like more information from BHGRE®. Please use and/or share my information with an BHGRE affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an BHGRE affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1928
  • Listing ID #:24125637
  • Added:15 day(s) ago
  • Updated:September 20, 2025 at 11:29 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:1,698 sq. ft.

Heating and cooling

  • Heating:Hot Water

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1928
  • Building area:1,698 sq. ft.
  • Lot area:1.7 Acres

Schools

  • High school:Lyme-Old Lyme
  • Elementary school:Mile Creek

Utilities

  • Water:Public Water Connected

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$736.16
  • Tax amount:$3,225 (July 2025-June 2026)
The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 SmartMLS, Inc.

New listings near 224 Shore Road