3 Town Beach Rd

Old Saybrook, CT 06475 View Map $949,000 Schedule a Tour
Beds3
Baths1
Sq.Ft.3,472
Year1960

Carbutti & Co. Realtors

(860) 809-1691

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Status: Active
Property Type:Single Family
MLS #:24004520
Sq. Feet:3,472
On Site:32 Days
Lot Size:0.13 Acres
County:Middlesex
Monthly HOA:$40
INVESTMENT OPPORTUNITY - CORNFIELD POINT BEACH ASSOCIATION! This property presents a rare opportunity to own a versatile space that combines commercial and residential appeal. Whether you're seeking a lucrative investment, envisioning your own Airbnb, or own beach escape, this property offers endless possibilities. Situated in the sought-after Cornfield Point Beach Association, this property is at the entry of this very desirable beach community with many residents and guests driving by daily! The property boasts a flexible layout, featuring a spacious storefront ideal for retail, caf?, breakfast/lunch destination or ice cream! Additionally, there's a separate residential unit upstairs with 4 bedrooms, oversized deck, plenty of parking, full bath providing a rental opportunities. Maximize your investment with dual income streams. Whether you choose to lease out the storefront, rent the residential unit, or utilize both spaces for personal and commercial purposes, this property promises lucrative returns and financial flexibility. There is also the option of converting the storefront into 1-2 apartments. Walk or bike to Cornfield Point Beach/two town beaches, Main Street's shops, restaurants are a short drive/bike ride away, as are the Kate Cultural Arts Center, Fenwick Golf Course and Saybrook Point. Just a few hours from NYC or Boston, your private shoreline retreat is calling you. No flood insurance required.

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$000 Monthly Payment
Loan and interest only.

Detailed Maps

Community Information

Address:3 Town Beach Rd, Old Saybrook, CT 06475
County:Middlesex
Subdivision:Cornfield Point
Zip Code:06475

School Information

High School:Old Saybrook
Elementary School:Kathleen E. Goodwin

Architecture

Bedrooms: 3
Bathrooms: 1
Year Built:1960
Stories:0
Exterior Siding: Vinyl Siding
Roof Information: Asphalt Shingle
Foundation: Concrete
Basement Description: Full, Unfinished, Storage, Interior Access, Concrete Floor, Full With Hatchway
Garage Parking: Paved, Driveway

Features / Amenities

Appliances Included: Oven/Range, Refrigerator, Dishwasher
In-Law Apartment: Yes
Exterior Features: Deck
Exterior Siding: Vinyl Siding
Heat Fuel Type: Natural Gas, Oil, Propane
Heat Type: Baseboard
Fuel Tank Location: In Basement
Total Rooms:8

Rooms

SizeLevelDescription
BedroomUpper
Primary BedroomUpper
Living RoomUpper
BedroomUpper

Property Features

Lot Size: 0.13 Acres
Lot Description: Corner Lot, Dry, Level Lot
Water Source: Public Water Connected
Hot Water Description: Domestic
Sewage System: Septic
Driveway: Private, Paved
Zoning:A
Directions:GPS Friendly - Main Street to Maple Avenue, cross to Town Beach Road. Property is on the corner.

Tax and Financial Info

Possession Availability: immediately
HOA Fee: $480 (paid Annually)
Association Fee Includes: Club House, Lake/Beach Access

Schools

WALKING AND TRANSPORTATION

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3 Town Beach Rd Old Saybrook,  CT 06475
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3 Town Beach Rd Old Saybrook, CT 06475
 
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Listing Information Last Updated 4/22/2024
Listing provided courtesy of Berkshire Hathaway Ne Prop..
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