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!
Old Lyme is located in Connecticut. Old Lyme, Connecticut has a population of 7,582. Old Lyme is more family-centric than the surrounding county with 32.35% of the households containing married families with children. The county average for households married with children is 27.48%.
The median household income in Old Lyme, Connecticut is $113,889. The median household income for the surrounding county is $79,040 compared to the national median of $69,021. The median age of people living in Old Lyme is 49.8 years.
The average high temperature in July is 79.7 degrees, with an average low temperature in January of 22.6 degrees. The average rainfall is approximately 47.8 inches per year, with 25.9 inches of snow per year.
