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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

, 

Jaime Dasilva

William Raveis Real Estate

Last updated:

November 15, 2025, 12:31 PM

MLS#

24125637

Source:

CT

About This Home

224 Shore Road

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!

Home Facts

Multi-Family

2 Baths

4 Bedrooms

Built in 1928

Price Summary

1,250,000

$736 per Sq. Ft.

MLS #:

24125637

Last Updated:

November 15, 2025, 12:31 PM

Added:

2 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,698 Sq. Ft.

Structure

Structure

Building Area:

1,698 Sq. Ft.

Year Built:

1928

Lot

Lot Size (Sq. Ft):

74,052

Finances & Disclosures

Finances

Price:

$1,250,000

Price per Sq. Ft:

$736 per Sq. Ft.

Source:CT
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