68-70 Black Point Road

East Lyme, CT 06357

  • $3,895,000
  • 14 Beds
  • 10 Baths
  • 5,907 Sqft
  • 2.27 Acres
  • 1950 Built

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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Property Highlights
  • STYLE : Other
  • NEIGHBORHOOD : Black Point
  • ELEMENTARY : Lillie B. Haynes
  • PRICE/SQFT : $659
  • DAYS ON MARKET : 98
  • MLS : 24077288

Additional Information

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

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Location for 68-70 Black Point Road, East Lyme, CT

Schools for 68-70 Black Point Road, East Lyme, CT

Our community offers residents access to a number of fine private and public schools for all grade levels. Please read below for information on each of the schools in our area.

Private Schools
SCHOOL LOCATION GRADE
The Light House Voc-Ed Center 58 PENNSYLVANIA AVE East Lyme, CT 06357 2 - 12
Lighthouse Voc-Ed Center (Site 3) 58 PENNSYLVANIA AVE East Lyme, CT 06357 4 - 12
Ballestrini's Child Care Center-Waterford 90 Rope Ferry Road Waterford, CT 06385 PK - KG
Carelot Childrens Center 203 Boston Post Road Waterford, CT 06385 PK - KG
GreatSchools

*UG = ungraded.
Detailed school information provided by GreatSchools.org © . All rights reserved.

Public and private school information is provided by sources including GreatSchools.org and various MLS services including the One Key, SMARTMLS, NCMLS, DARMLS and Greenwich MLS, and is subject to the terms of use on those sites. William Pitt and Julia B. Fee Sotheby’s International Realty believes the information provided by these sources to be accurate but will not be held responsible if any data as well as information such as school districts for listings is inaccurate.

Community

Niantic>

Niantic

Shoreline, Connecticut

The town of east Lyme rests along Long Island Sound in southern New London County. It comprises two charming villages, Niantic and Flanders. The dominant industries in this waterfront community include...

Market Stats for Niantic, Connecticut

An exclusive report that informs you of residential real estate sales activity and trends in Niantic, Connecticut.

Request More Info for 68-70 Black Point Road, East Lyme, CT

  • Niantic Brokerage

    24 Pennsylvania Ave
    Niantic, CT 06357
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Listing Courtesy of Adam Velez of eXp Realty (866.828.3951).