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Home For Sale
7 Griswold Avenue
Old Lyme, Connecticut 06371
New London CountyCommunity:
$465,000
5 br, 2.0 bath
1744 sq. ft.
0.170 acres
Explore this exceptional investment opportunity in Old Lyme, CT, ideally positioned right off I-95 and close to the picturesque White Sand Beach Town Beach. This property features two separate units, making it a versatile choice for investors interested in both long-term rentals and short-term accommodations such as , or for owner-occupants seeking a residence that can also generate income. The front unit offers a practical layout with three bedrooms and one bathroom, perfect for families or individuals looking for accessible, comfortable living. The second unit includes two bedrooms and one bathroom, complemented by an attached garage, adding convenience and value. This arrangement is ideal for owner-occupants looking to offset their mortgage payments and increase cash flow through rental income. Located near a popular local attraction, the property's proximity to the beach enhances its appeal for short-term vacation rentals while maintaining steady demand for long-term leases. This strategic location not only provides excellent rental income potential but also offers flexibility in rental strategy to adapt to various market needs and preferences. Whether you're looking to expand your rental portfolio, start in real estate investment, or find a home that helps pay for itself, this multi-unit property in Old Lyme represents a smart buy with significant income potential, ideal for diversifying your investment approach.
Interior:
- Bedrooms: 5
- Baths: 2.0
- Sq Ft: 1744
- Year Built: 1920
- Utilities:
- Fireplaces:
- Stories:
- Heat/AC: Baseboard
- Garage: Garage, Garage - Attached
Exterior:
- Lot Size: 0.170 acre
- Lot Dimensions:
- View Types:
- Yard:
- Siding: Vinyl Siding
- Roof: Asphalt, Shingle
- MLS #: 24027842
Contact Information:
Call now 1-855-943-4259 |
Listing Agent: Kristopher Tramont, Real Broker CT, LLC, 860-884-9511, 855-450-0442
Listing Site, Listing Status: Active
Copyright © 2024 SmartMLS, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Copyright © 2024 SmartMLS, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 5106793
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Updated: Jun 28, 2024