CT > East Lyme
East Lyme, CT 06357,68-70 Black Point Road
East Lyme, CT 06357,68-70 Black Point Road
East Lyme, CT 06357,68-70 Black Point Road
East Lyme, CT 06357,68-70 Black Point Road
East Lyme, CT 06357,68-70 Black Point Road
East Lyme, CT 06357,68-70 Black Point Road
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Kristopher Tramont

Kristopher Tramont

+1(860) 884-9511
$ 3,895,000
Est. payment | /mo

14 Beds

10 Baths

5,907 SqFt

Save
$ 3,895,000
Est. payment | /mo
Save

14 Beds

10 Baths

5,907 SqFt

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Active

Purchase Type For Sale

Square Footage 5,907 sqft

Price per Sqft $659

MLS Listing ID 24077288

Style Other

Bedrooms 14

Full Baths 10

Year Built 1950

Annual Tax Amount $12,908

Lot Size 2.270 Acres

Property Sub-Type 5 Family+

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.

Location

State CT

County New London

Zoning R40

Rooms

Basement Full

Interior

Heating Baseboard

Cooling Window Unit

Exterior

Parking Features None

Waterfront Description Walk to Water

Roof Type Asphalt Shingle

Building

Lot Description Secluded, Lightly Wooded, Level Lot

Foundation Concrete, Slab

Sewer Septic

Water Public Water Connected

Schools

Elementary Schools Lillie B. Haynes

High Schools East Lyme

Listed by Adam Velez • eXp Realty
agent
Kristopher Tramont

Broker Associate | REB. REB.0794869

+1(860) 884-9511 | tramont.realtor@protonmail.com

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68-70 Black Point Road