Homes for sale - 24-26 Lyme Street, Old Lyme, CT 06371

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Stephen Simard

stephen@homesoldct.com +1(860) 919-0991

$1,200,000

Est. payment - /mo

1 Bed

4 Baths

3,384 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,384 sqft

Price per Sqft $354

MLS Listing ID 24083403

Style Colonial

Bedrooms 1

Full Baths 2

Half Baths 2

Year Built 1800

Annual Tax Amount $12,659

Lot Size 9,147 Sqft

Property Description

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%

Location

State CT

County New London

Zoning R-15

Rooms

Basement None

Interior

Heating Hot Water

Cooling Wall Unit

Fireplaces Number 2

Exterior

Parking Features None

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Historic District

Foundation Concrete

Sewer Septic

Water Private Well

Schools

Elementary Schools Mile Creek

Middle Schools Per Board Of Ed

High Schools Lyme-Old Lyme

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Listed by Logan Hayes • NestSeekers International

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Stephen Simard

+1(860) 919-0991

Agent | License ID: Res.0788068

Agent License ID: Res.0788068

24-26 Lyme Street Old Lyme, CT 06371

Stephen Simard

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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