Old Lyme, CT 06371,5 Swan Avenue

$545,000

$525,000

3.8%
Est.Price: ?

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Est. payment /mo

4 Beds

3 Baths

1,323 SqFt


SOLD DATE : 01/05/2024

Key Details

Sold Price $545,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 1,323 sqft

Price per Sqft $411

MLS Listing ID 170586438

Sold Date 01/05/24

Style Colonial

Bedrooms 4

Full Baths 2

Half Baths 1

Year Built 1940

Annual Tax Amount $4,416

Lot Size 7,840 Sqft

Property Description

YBS2 is a unique property with a lot of character and charm. Whether you’re in the market for a private family beach house or an investment rental to generate additional income, then this property is worth looking at. Occupancy for 11 adults comfortably and parking for 12 + cars, which both are extremely difficult to find in the Soundview Beach Area. Parking is absolutely essential and as well as very scarce in this area when trying to accommodate guests. YBS2 has been tastefully decorated and boasts brand new beds, brand new bedding and all the associated items needed to operate a very successful vacation rental. YBS2 is an absolute earner with weekly rentals of $3000 per week on average. A few mins walking distance to Soundview Beach and Miami Beach as well as all the Soundview Amenities such as Pavilion, Kokomos, Carousel, Ice Cream, Candy Shop, Salty Monkey, and so on. This is a 100% turnkey, move right in or immediately start renting and producing positive cash flow. Everything you see will convey. Roof was installed brand new in April.

Location

State CT

County New London

Zoning R-10

Rooms

Basement Crawl Space, Dirt Floor

Interior

Interior Features Cable - Available, Security System

Heating Baseboard

Cooling Wall Unit

Exterior

Exterior Feature Balcony, Cabana, Deck, Grill, Gutters, Lighting

Garage Off Street Parking, Other

Waterfront Description Beach Rights,Walk to Water

Roof Type Asphalt Shingle

Building

Lot Description Dry, Cleared, Secluded, Level Lot, Lightly Wooded, Professionally Landscaped

Foundation Block, None

Sewer Septic

Water Public Water In Street, Private Well

Schools

Elementary Schools Per Board Of Ed

High Schools Per Board Of Ed

Read Less Info

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Listed by Jack D. Pragosa • Agnelli Real Estate
Bought with Cheryl A. Keithan • Coldwell Banker Realty

GET MORE INFORMATION

Osi Rosenberg

Broker | REB.0791464

+1(203) 738-5999

2051 Main St, Stratford, CT, 06615

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