About 68-70 Black Point Road
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.
Features of 68-70 Black Point Road
| MLS® # | 24077288 |
|---|---|
| Price | $3,895,000 |
| Bedrooms | 14 |
| Bathrooms | 10.00 |
| Full Baths | 10 |
| Square Footage | 5,907 |
| Acres | 2.27 |
| Year Built | 1950 |
| Type | Multi-Family For Sale |
| Sub-Type | 5 Family+ |
| Style | Other |
| Status | Active |
Community Information
| Address | 68-70 Black Point Road |
|---|---|
| Area | Black Point |
| City | East Lyme |
| County | New London |
| State | Connecticut |
| Zip Code | 06357 |
Amenities
| Parking | None |
|---|---|
| Is Waterfront | No |
| Waterfront | Walk to Water |
| Has Pool | No |
Interior
| Heating | Baseboard, Electric, Oil |
|---|---|
| Cooling | Window Unit |
| Fireplace | No |
Exterior
| Exterior | Vinyl Siding |
|---|---|
| Lot Description | Secluded, Lightly Wooded, Level Lot |
| Roof | Asphalt Shingle |
| Foundation | Concrete, Slab |
School Information
| Elementary | Lillie B. Haynes |
|---|---|
| High | East Lyme |
Additional Information
| Date Listed | February 28th, 2025 |
|---|---|
| Days on Market | 75 |
| Zoning | R40 |
| RE / Bank Owned | No |
Listing Details
| Office | eXp Realty |
|---|