$299,000
Active Under Contract
7 Days Online
3 Beds2 Baths2,098 SQFT
Active Under Contract

1 Ferro Court East Lyme, CT 06333

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Nestled at the end of a serene cul-de-sac, 1 Ferro Ct in East Lyme, CT, offers a unique opportunity for savvy buyers. This raised ranch spans 1, 234 sq. ft. on a 1.78-acre lot, providing ample space and privacy. The property features 3 bedrooms and 2 bathrooms, making it perfect for anyone seeking a peaceful neighborhood. While the home needs some TLC, it boasts a practical layout with a cozy living room, functional kitchen, and dining area that opens to the backyard. This makes it an ideal canvas for customization and renovation, allowing buyers to transform it into their dream home or an attractive investment property. The competitive pricing reflects the home's current condition, offering a rare chance to purchase in a desirable location below market value. Financing options are limited to cash buyers, conventional, or renovation financing only. East Lyme is renowned for its coastal charm and high quality of life, with access to beautiful beaches, parks, and recreational facilities. The quaint downtown area is filled with local shops, restaurants, and cultural attractions. The property's proximity to major highways ensures convenient commutes to nearby cities and towns Additional features include a detached garage with extra driveway space for convenient parking and storage. The spacious lot offers potential for outdoor activities and gardening, enhancing the property's appeal. This property is being sold As-Is. Don't miss this chance to own a piece of East Lyme, The competitive pricing reflects the home's current condition, offering a rare chance to purchase in a desirable location well below market value. Financing options are limited to cash buyers, conventional or renovation financing only. The property is being sold AS IS, with no repairs made by the seller, and the appliances are currently non-functional.

  • Property TypeSingle Family Home
  • NeighborhoodN/A
  • CountyNew London
  • Taxes$5,524
  • HOA/Condo/Coop Fees$0
  • Days on Site6 Days
  • MLS StatusActive Under Contract
  • MLS ID Number24026293
  • Home Size Source N/A
  • Year Built1973
  • Lot Size1.78 Acres
  • Full Baths2
  • Partial BathsN/A

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General Features

  • Style Raised Ranch
  • Construction Brick
  • Parking Detached Garage
  • Sewer Septic Tank
  • Basement FullFull With Walk- Out
  • Acreage 1.78
  • Water Well
  • Property Sub Type Single Family Residence
  • Garage Spaces 2
  • Attached Garage No
  • Foundation Concrete Perimeter
  • Zoning R40

Interior Features

  • Cooling None
  • Heating OilHot Water
  • Appliances Electric RangeMicrowaveRefrigeratorDishwasherWasherElectric Dryer
  • Fireplaces 1
  • Laundry Features Lower Level
  • Fireplace Yes

Exterior Features

  • Roof Asphalt
  • Waterfront Property No
  • Waterfront Features Not Applicable
  • Lot SecludedOn Cul- De- Sac

Community Features

  • Community Features LibraryMedical FacilitiesPlayground/ Tot LotPublic Rec Facilities

Schools

School District
Unknown
Elementary School
Per Board of Ed
Middle School
Unknown
High School
Per Board of Ed

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Monthly Payment (Est.)

$1,571
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