48 Swan AvenueOld Lyme, CT 06371MLS Number 170170598

  • Price: $549,000
  • Est. Mortgage of $/month
$/month over payments
Federal 30-year interest rate: 4.28% last updated on Mar 21, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 4Bedrooms
  • 0.21Acreage
  • 4Bathroom
  • 1931Year Built

WOW amazing income opportunities and only steps a way from three beaches. Year round home with so many amenities, 3 bedrooms & 3 full baths in main house w/open floor plan, wide plank flooring, wood stove for chilly nights, bright and sunny three season porch, large upper bedroom with separate entrance could be used as a guest suite or possible in-law. Beautiful 1 bdrm studio apartment above the garage is a great income rental. Patio with a fire-pit, deck and a hot & cold outdoor shower. Very short walk to the public beach as well as passes to both Old Colony Beach and Miami Beach. Property also offers a permitted 16 car parking lot that has produced approximately $6,000 per year. Other attractions to this beach area are the famous Carousel, the Pavillion, Veccittos Italian Ice, Bingo and many family activities throughout the summer, including summer concerts. Easy access to I95 and the train station. Property does not require flood insurance and solar panels are leased.

Listed by Zoe Zrakas of William Pitt Sotheby's Int'l

Driving Directions

Vernon Office
Vernon Office
Office: 860-871-2775
646 Hartford Turnpike
Vernon, CT 06066

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More Info

Basic Information

  • StatusACT
  • List Price$549,000
  • Square Feet3,328
  • HoaNo
  • Lease purchaseNo
  • Units2
  • Property subtype2 Family
  • Property TypeMulti-Family For Sale
  • Acreage0.21
  • MLS Number170170598


  • Rooms total multifamily7
  • RoofAsphalt Shingle


  • Exterior featuresBalcony, Deck, Patio, Porch-Enclosed, Sidewalk
  • Exterior sidingWood


  • Water sourcePublic Water Connected
  • Cooling SystemWindow Unit
  • Hot water description40 Gallon Tank
  • Heating FuelElectric
  • Fuel tank locationNon Applicable
  • Heat SystemBaseboard
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemSeptic

Tax Information

  • Milrate base21
  • Milrate total21.91
  • Taxes$7,079
  • Tax YearJuly 2018-June 2019
  • Assessed value$323,100


  • Bedrooms4
  • Bathroom4
  • Year Built1931
  • Property StyleOther
  • Energy FeaturesActive Solar
  • FoundationConcrete
  • Garage Parking InfoAttached Garage
  • New construction typeNo
  • AtticYes
  • Attic descriptionCrawl Space
  • BasementCrawl Space, Unfinished
  • Full Bath4


  • AmenitiesCommuter Bus, Golf Course, Library, Private Rec Facilities, Public Transportation


  • Space is leasedNo
  • Remarks addendumAlso listed as a single family residence MLS# 170169912

School Information

  • Elementary SchoolPer Board of Ed
  • High SchoolLyme-Old Lyme


  • Laundry room infoCommon Laundry Area


  • StateCT
  • Zip06371
  • CountyNew London


  • Lot DescriptionLevel Lot
  • Driveway TypeCrushed Stone
  • Garage2
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionFrame

Water Body

  • Waterfront DescriptionAccess, Beach, Beach Rights, Walk to Water
  • WaterfrontNo


  • Bank owned propertyNo

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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