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Two-Cottage Multifamily Property
For Sale
$639,900

10 Hartford Ave, Old Lyme, CT 06371

Two homes on one lot provide separate living spaces with decks, an outdoor shower, and a gazebo.

Property Size960 SF
Days on Market8

Property Features for 10 Hartford Ave

General Information

Standard status Active
Size 960 SF
Property subtype Multi Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units 2

Amenities

small side deck
outdoor shower
gazebo

Building Details

Building Size 960 SF
Year Built 1952
Buildings 2
Listing Agency: Agnelli Real Estate
Listed By: Frank S. Mangiagli · License #RES.0782849
Source: Elliman
Added: Aug 1 Changed: Aug 2 Last Checked: Aug 7 at 1:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Agnelli Real Estate

Investment Insights

Based on property information with market context.

Located at 10 Hartford Ave in Old Lyme, this multifamily property consists of two cottages on a single lot. The first residence contains 2 bedrooms and 1 full bath, while the second has 1 bedroom and 1 full bath. Both cottages are well maintained and include a small side deck for outdoor use. Additional improvements include an outdoor shower and a gazebo, expanding the property's usable exterior space.

The property is a short walk from Sound View Beach and nearby community attractions. Built in 1952, the two-home configuration can accommodate extended family, guests, or rental use, subject to applicable requirements. WalkScore is 33 and BikeScore is 37, reflecting a car-dependent setting with some bike accessibility.

Key Highlights

  • Two cottages situated on one lot
  • 2‑bedroom, 1‑bath first cottage
  • 1‑bedroom, 1‑bath second cottage

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Building Supply Auto Repair Shop Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

88
Businesses Nearby

Demographics for 06371, CT

9,840
Population
5,503
Households
1.8
Avg Household Size
53
Median Age
56%
College-Educated
98%
High-School Grad
54.0 sq mi
ZIP Area
182
Density / Sq Mi
$127,429
Median Household Income
$60,139
Median Earnings
$1,891
Median Rent
$468,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two homes on one lot provide separate living spaces with decks, an outdoor shower, and a gazebo.
Where is this multifamily property located?
The property is located at 10 Hartford Ave Old Lyme, CT.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Two cottages situated on one lot; 2‑bedroom, 1‑bath first cottage; 1‑bedroom, 1‑bath second cottage
More about this property
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