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68-70 Black Point Road, East Lyme, CT 06357
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$3,895,000
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Home Details for 68-70 Black Point Road
Price
$3,895,000
Type
Multi Family
Bedrooms
14
Total Bathrooms
10
Full Bathrooms
10
Year Build
1950
Sq. Ft.
5907
Lot Size
2.27
County
New London
Total Rooms
44
Basement
Full
Tax
$13,721
MLS®️ Listing#
24077288
On exitrealty.com
270 days
Property Description
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.
- Heating Information
- Electric
- Oil
- Baseboard
- Cooling Information
- Window Unit(s)
- Water Features
- Public
- Parking
- None
- Basement
- Full
Listing Courtesy: eXp Realty - (860) 961-6040. Presented by: Adam Velez
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