7 Silver Falls Rd, East Lyme, CT

Name: 7 Silver Falls Rd, For Sale in East Lyme - Zoocasa
Brand: William Pitt Sotheby's Int'l
SKU: 24186470
Price: 799500 USD

House

For Sale

Listed price in listed location currency (USD).

$799,500

5410

MLS® 24186470

Overview

Key Facts

Type Duplex

Levels Residential Income

Size -

Garage Yes

Taxes $10,680

Days Active 27

Lot Size 2.37 Acres

Approx. Age 1900

MLS® Number 24186470

Property Address: 7 Silver Falls Rd, East Lyme, CT, 06333-1020

Average square foot calculated using Size range provided by listing agent.

Description

Rare income-producing multi-family opportunity or ideal multigenerational compound in East Lyme! Situated on a sprawling 2.37-acre retreat along scenic Latimer Brook, this unique property features two fully detached homes on one lot. A high-yielding, flexible setup that is virtually impossible to replicate today. Perfect for savvy investors, families seeking separate-but-close living, or owner-occupants looking to offset their mortgage, the estate includes a spacious 2, 252 sq. ft. main house (4 BR, 3 BA, expanded in 2004) and a private, fully detached 1, 134 sq. ft. ranch cottage (1 BR, 1 BA) completely renovated with an effective build year of 2018. Adding immense value is a massive, versatile outbuilding with a workshop and garage space, ideal for home businesses, hobbyists, or extra storage rental income. The park-like acreage offers ultimate privacy with established fruit trees and the soothing sounds of Silver Falls, all while remaining minutes from East Lyme's coastal amenities, major highways, and top-rated schools. Live in one and rent the other, house multiple generations with perfect privacy, or lease both for maximum cash flow. This unique multi-family asset delivers endless potential., This property is not in a Flood Zone. The driveway to the cottage is a right-of-way over 59 Silver Falls Rd, Montville.

MLS® Number24186470

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age1900

BasementFull, Full With Hatchway

DrivewayAttached Garage, Paved, Driveway, Unpaved

Garage Spaces

HeatElectric, Oil, Wood, Baseboard, Heat Pump, Wood/Coal Stove

A/CDuctless, Split System, Wall Unit

Extras

Map

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