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For sale
  • $3,895,000

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

    14beds
    5,907sqft
    : 
    Multi Family
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $659/sqft
    $-- HOA

    What's special

    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.
    180 days
    on Zillow
    |
    806
    |
    20
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 02, 2025 at 10:49pm

    Listed by:

    Adam Velez,

    eXp Realty

    Source: Smart MLS,MLS#: 24077288MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 68-70 Black Point Road.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 10
    • Full bathrooms: 10
    Heating
    • Baseboard, Electric, Oil
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Water Heater
    Features
    • Basement: Full
    • Attic: None
    Interior area
    • Total structure area: 5,907
    • Total interior livable area: 5,907 sqft
    • Finished area above ground: 5,907

    Property

    Parking
    • Parking features: None
    Features
    • Waterfront features: Walk to Water
    Lot
    • Size: 2.27 Acres
    • Features: Secluded, Few Trees, Level
    Details
    • Parcel number: 1467457
    • Zoning: R40

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter, Slab
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1950
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Black Point
    HOA
    • Has HOA: No
    Location
    • Region: Niantic

    Financial & listing details

    • Price per square foot: $659/sqft
    • Tax assessed value: $489,860
    • Annual tax amount: $13,721
    • Date on market: 2/28/2025
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