68 70 Black Point
East Lyme, CT 06357
- 14 beds
- 10 baths
- 5,907 sqft
- ~2 acre lot
- $711 per sqft
- 1950 build
- – on site
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.
Last checked:
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Last updated Feb 28, 2025
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MLS# 24077288 —
The Building
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Year Built:1950
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Year Built Source:Public Records
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New Construction Type:No/Resale
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Style:Other
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Roof Information:Asphalt Shingle
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Attic:No
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Exterior Siding:Vinyl Siding
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Foundation Type:Concrete, Slab
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Basement Description:Full
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SqFt Total:5907
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SqFt Description:Renovated units
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SqFt Est Heated Above Grade:5907
Location
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Directions:Coming Westward from Rope Ferry Rd. take a left onto Black Point Rd. and property is 0.3mi in on your left.
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Neighborhood:Black Point
The Property
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Parcel Number:1467457
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Property Type:Multi-Family For Sale
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Property Subtype:5 Family+
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Zoning:R40
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Acres:2.27
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Acres Source:Public Records
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Lot Description:Secluded, Lightly Wooded, Level Lot
Listing Agent
- Contact info:
- Agent phone:
- (866) 828-3951
Taxes
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Tax Year:July 2024-June 2025
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Property Taxes:12908
Beds
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Beds Total:14
Baths
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Total Baths:10
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Full Baths:10
The Listing
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Home Warranty Offered:Yes
Heating & Cooling
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Heat Type:Baseboard
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Heat Fuel Type:Electric, Oil
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Cooling System:Window Unit
Utilities
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Water Source:Public Water Connected
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Sewage System:Septic
Schools
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Elementary School:Lillie B. Haynes
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High School:East Lyme
The Community
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Swimming Pool:No
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Direct Waterfront:No
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Waterfront Description:Walk to Water
Parking
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Garage & Parking:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/28/25
Feb 28, 2025
|
Listed / Active | SMART_MLS | $4,200,000 |
