68-70 Black Point Road

East Lyme, CT 06357 Directions
$3,895,000 Reduced from $3,995,000 Reduced $100,000
  • 14Bed
  • 10Baths
  • 5,907Sqft
  • 2.27Acres
  • 1950Built
  • OtherStyle

Property Highlights

  • Neighborhood: Black Point
  • Price/Sqft: $659
  • Days on Market: 61
  • MLS: 24077288
  • Elementary: Lillie B. Haynes

Property Highlights

  • Neighborhood: Black Point
  • Price/Sqft: $659
  • Days on Market: 61
  • MLS: 24077288
  • Elementary: Lillie B. Haynes

Multi-Family Property in a highly sought after year round beach community! Investors take note! Property Highlights: Prime Location: Walking distance to multiple public beaches, one of Connecticut's oldest bakeries, public boardwalks and parks, top-rated pizza shops, ice cream shops, restaurants and even a live theater making this a perfect location for renters and vacationers alike. 11 Units: The largest multi-family available for sale on the South Eastern CT Shoreline. 2.27 Acres: Room for expansion, additional amenities or boutique resort style development. Cash Flow & Appreciation: This property is located in a quickly appreciating classic...

Property Highlights

  • Neighborhood: Black Point
  • Price/Sqft: $659
  • Days on Market: 61
  • MLS: 24077288
  • Elementary: Lillie B. Haynes

Multi-Family Property in a highly sought after year round beach community! Investors take note! Property Highlights: Prime Location: Walking distance to multiple public beaches, one of Connecticut's oldest bakeries, public boardwalks and parks, top-rated pizza shops, ice cream shops, restaurants and even a live theater making this a perfect location for renters and vacationers alike. 11 Units: The largest multi-family available for sale on the South Eastern CT Shoreline. 2.27 Acres: Room for expansion, additional amenities or boutique resort style development. Cash Flow & Appreciation: This property is located in a quickly appreciating classic New England coastal town with high long term, medium term and short term rental demand. Located close to Millstone, Electric Boat, Pfizer and Camp Nett demand is sure to stay high! Whether you are looking to develop a thriving Airbnb portfolio or capitalize on the high demand for long term rentals in this area this property is an great investment opportunity.

Multi-Family Property in a highly sought after year round beach community! Investors take note! Property Highlights: Prime Location: Walking distance to multiple public beaches, one of Connecticut's oldest bakeries, public boardwalks and parks, top-rated pizza shops, ice cream shops, restaurants and even a live theater making this a perfect location for renters and vacationers alike. 11 Units: The largest multi-family available for sale on the South Eastern CT Shoreline. 2.27 Acres: Room for expansion, additional amenities or boutique resort style development. Cash Flow & Appreciation: This property is located in a quickly appreciating classic New England coastal town with high long term, medium term and short term rental demand. Located close to Millstone, Electric Boat, Pfizer and Camp Nett demand is sure to stay high! Whether you are looking to develop a thriving Airbnb portfolio or capitalize on the high demand for long term rentals in this area this property is an great investment opportunity.

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  • Additional Information
    • Acres: 2.27
    • Basement Description: Full
    • High School: East Lyme
    • Is Occupied?: Tenant
    • Living Area SqFt: 5,907
    • Neighborhood: Black Point
    • Property Tax: $12,908
    • Sewer: Septic
    • Style: Other
    • Tax Amount: $12,908
    • Unit Count: 11
    • Year Built: 1950
    • Year Built Details: Public Records
    • Zoning: R40
  • Interior Features
    • Air Conditioning: Window Unit
    • Beds: 14
    • Cooling: Window Unit
    • Full Baths: 10
    • Furnace Type: Electric, Oil
    • Heat: Electric, Oil
    • Heat Fuel: Electric, Oil
    • Hot Water: Upright Tank
    • Rooms: 44
    • Total Baths: 10
  • Exterior Features
    • Exterior Siding: Vinyl Siding
    • Roof: Asphalt Shingle
William Pitt / Julia B. Fee Sotheby's International Realty
  • +1 860 739 4440

Niantic Brokerage

24 Pennsylvania Ave
Niantic, CT 06357

Listing Courtesy of Adam Velez of eXp Realty.

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