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68-70 Black Point Road, East Lyme, CT 06357

For Sale

$3,895,000

14 beds • 10 baths • 5,907 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $659.39
    Price per square foot

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this 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.
MLS# 24077288

Courtesy Of eXp Realty of CT, LLC

(866) 828-3951

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Heating System
    Baseboard
  • Lot Size
    2.27 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement
  • View Type
    Water

Map and Directions

Directions to 68-70 Black Point Road, East Lyme, CT 06357

Home seller CENTURY 21 Shutters & Sails

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Shutters & Sails

(860) 331-1510
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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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