68-70 Black Point Road

East Lyme, Connecticut 06357

Status
For Sale
Square Feet
5,907
Beds
14
Price
$3,895,000
Type
Multi-Family For Sale
Garages
Baths
10
MLS
24077288

Price

$3,895,000

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Interior Details

Interior Size
5,907 Sq Ft
Bedrooms
14
Bathrooms
10
Rooms Total
Garage

Exterior Details

Lot Size
2.27 Acres
Roof
Asphalt Shingle
Sewer
Septic
Construction
Construction
Cooling
Window Unit

Other Information

Property Tax
$12,908
Assessed Value
$489,860
Elementary School
Lillie B. Haynes
Middle School
NULL
High School
East Lyme

About Property

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.
Listed by eXp Realty, Adam Velez. Data sourced from SmartMLS

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