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$583,000
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Property Description
DON'T NEED TO WORRY ABOUT INTEREST RATES WHEN YOU CAN HAVE EXTRA RENTAL INCOME COMING IN!! MOVE IN READY ESTATE IN BUCOLIC LYME! THIS RARE PROPERTY HAS A MAIN HOUSE WITH 2100 SQ. FT. AND 2 ADDITIONAL DWELLINGS. The expansive 4 bedroom, 2 bath main house on 2 acres has been renovated with high style in mind. Two additional buildings can be used as rentals (both currently rented) or as a home office, gym, or guest cottage. The main house features a stunning white shaker kitchen with quartz countertops, recessed lighting, exposed brick and wide plank pine floors. Two full bath have also been remodeled. The large family room has a wood burning fireplace with a 3D wall treatment above & built in bookcase. Entertain or relax in the 3 season sunroom. Refinished hardwood floors throughout, fresh paint, new lighting and updated electrical/plumbing. Big ticket items - septic, main home roof and windows - have been updated. A new French drain system means you never have to worry about water in the basement! Tons of room in the oversized 2 car garage. The front cottage, a studio with storage loft & bathroom, has been nicely updated. The 2nd home, the chalet with loft bedroom and full bath, is tucked back in a private spot. Use the rental income to help pay the mortgage and enjoy the ideal location just a few miles to RT 95, marinas, trains to NYC/Boston and shopping. Come a take a tour and fall in love! Agent has ownership interest. Photos from prior to tenants moving in.
Full Property Details
Full Property Details for 397 -2 Hamburg Rd
General
- Sold For: $583,000
- Status: Closed
- Type: Multi-Family
- Source: SMARTMLS
- MLS ID: 170601473
- Added to Site: 874 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
Rooms
Other Rooms
- Laundry: Washer/Dryer Some Units
Exterior
- Exterior Features: Gutters, Lighting, Patio, Porch-Enclosed, Stone Wall
- Color: white
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 4
- Parking: Attached Garage
Location
- County: New London
- Neighborhood: Mount Archer
- Driving Directions: GPS friendly.
School Information
- Elementary School: Lyme Consolidated
- High School: Per Board of Ed
Community
- Community Name: Mount Archer
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiator, Oil
- Heating Fuel: Oil
- Water Heater: Electric
Utilities
- Sewer: Septic
- Water: Private Well
Structural Information
- Construction Status: No/Resale
- Exterior Const.: Vinyl Siding
- Basement Desc.: Full With Walk-Out, Unfinished, Garage Access, Sump Pump
- Roof: Asphalt Shingle
- Square Feet: 2,072
- Above Ground: 2,072 Sq. Ft.
- Year Built: 1957
Lot Features
- Lot Size (Acres): 2
- Driveway/Sidewalk: Private, Paved
- Zoning: RU80
- Lot Description: Lightly Wooded, Sloping Lot
Financial Considerations
- Assessment Amount: $239,800
Disclosures and Reports
- Property ID: 2327816
Listed by CR Premier Properties, Lynn C. Toper
Sold by RE/MAX Legends, Jennifer Obrey
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Schools
Schools serving 397 -2 Hamburg Rd
School District:Regional School District 18
| Name | Grades | Distance |
|---|---|---|
Lyme Consolidated School 478 Hamburg Road, Lyme, CT 06371 | K-5 | 0.8 mi |
Lyme-Old Lyme Middle School 53 Lyme Street, Old Lyme, CT 06371 | 6-8 | 5.8 mi |
Lyme-Old Lyme High School 69 Lyme Street, Old Lyme, CT 06371 | 9-12 | 5.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 397 -2 Hamburg Rd
Date
Details
Price
Change
Source
12/19/2023
Sold
$583,000
-2.82%
MLS
10/04/2023
Listed
$599,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
397-2 Hamburg Road, Lyme, CT 06371 (MLS# 170601473) is a Multi-Family property that was sold at $583,000 on December 19, 2023. Want to learn more about 397-2 Hamburg Road? Do you have questions about finding other Multi-Family real estate for sale in Lyme? You can browse all Lyme real estate or contact a Coldwell Banker agent to request more information.

