24 Lyme Street, Old Lyme, CT 06371
Local realty services provided by:Better Homes and Gardens Real Estate Shore & Country Properties
24 Lyme Street,Old Lyme, CT 06371
$1,200,000
- 1 Beds
- 4 Baths
- 3,384 sq. ft.
- Single family
- Active
Listed by:logan hayes
Office:nestseekers international
MLS#:24132348
Source:CT
Price summary
- Price:$1,200,000
- Price per sq. ft.:$354.61
About this home
Don't miss this rare opportunity to own two well-maintained historic buildings in the heart of the Old Lyme Historic District! 24 & 26 Lyme Street are being sold together, offering a unique chance to invest in a high-visibility location within this charming New England village. * 24 Lyme Street (built in 1800) features 1,824 sq. ft. of retail and office space, ideal for business use or potential redevelopment. * 26 Lyme Street (built in 1750) offers 1,560 sq. ft., including a beautifully designed one-bedroom apartment on the second floor with a touch of Manhattan elegance. This property also boasts a working chimney, an updated foundation (1988), new beams, and stunning oak floors-a seamless blend of historic charm and modern enhancements. Located on picturesque Lyme Street, these properties are surrounded by shops, restaurants, churches, and beaches, making them ideal for investment, personal use, or conversion back into residential units. We encourage you to schedule a private showing so we can coordinate accordingly with the retail tenants. Come take a tour, explore the possibilities, and enjoy the fresh ocean air! Rent rolls and monthly operating costs are available upon request. Projected cap rate from previous rentals can be an estimated 8-9%
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Home facts
- Year built:1800
- Listing ID #:24132348
- Added:191 day(s) ago
- Updated:October 10, 2025 at 11:29 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:4
- Full bathrooms:2
- Half bathrooms:2
- Living area:3,384 sq. ft.
Heating and cooling
- Cooling:Wall Unit
- Heating:Hot Water
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1800
- Building area:3,384 sq. ft.
- Lot area:0.21 Acres
Schools
- High school:Lyme-Old Lyme
- Middle school:Per Board of Ed
- Elementary school:Mile Creek
Utilities
- Water:Private Well
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$354.61
- Tax amount:$4,393 (July 2025-June 2026)
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