Berkshire Hathaway NE Prop.
Karen Kvietkauskas, Berkshire Hathaway NE Prop.Phone: (860) 558-4397
Email: [email protected]
Real estate listing preview #1Real estate listing preview #2Real estate listing preview #3Real estate listing preview #4Real estate listing preview #5Real estate listing preview #6Real estate listing preview #7Real estate listing preview #8Real estate listing preview #9Real estate listing preview #10Real estate listing preview #11Real estate listing preview #12Real estate listing preview #13Real estate listing preview #14Real estate listing preview #15Real estate listing preview #16Real estate listing preview #17Real estate listing preview #18Real estate listing preview #19Real estate listing preview #20Real estate listing preview #21Real estate listing preview #22Real estate listing preview #23Real estate listing preview #24Real estate listing preview #25Real estate listing preview #26Real estate listing preview #27Real estate listing preview #28Real estate listing preview #29Real estate listing preview #30Real estate listing preview #31Real estate listing preview #32
listing
1 of 32
CommercialFor Sale
$1,100,000
23 River Road
East Lyme, CT 06333
Courtesy of Berkshire Hathaway NE Prop.
MLS: Smart MLS
0Beds
3Baths
Est. Mortgage
$5,778/mo

Cozy Nest Cottages at 23 River Rd, East Lyme, CT offers a unique shoreline opportunity for owner occupants or investors. The main home, remodeled in 2007, is a charming year-round residence with water views, deeded access to the Niantic River, a mooring, and a generator hookup. It features a versatile 3-bedroom, 2-full-bath floor plan, a two-car garage, storage, and a shed. Situated on an acre-plus parcel, the property includes seven cottages ranging from 240 to 600 sq ft. These cottages feature one-bedroom units with open kitchen-family room styles, studios with lofts, and larger open-concept studios. Six cottages have porches, and three are seasonal, all showcasing a unique "cottage beach style" with one bathroom per cottage. Ideal for family vacations, friends' getaways, individuals, traveling nurses, and wedding parties, the cottages also offer significant rental income potential from platforms like Airbnb, VRBO, and private rentals. The main home can generate $3,500 per month, while the cottage rentals are estimated to bring in $60,000 - $75,000 annually, for a total potential annual rental income of $117,000. Additional highlights include a lodging license, no flood insurance requirement, and proximity to the Niantic River and Oswegatchie Hills Nature Preserve trails. This quiet enclave of homes is just minutes from I-95/I-395.

Get in touch
Information courtesy of Berkshire Hathaway NE Prop. is subject to verification and is not guaranteed. Listing Data Last Updated 11/17/2024 11:09 PM
Community / School Information