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    68 Black Point Road

    East Lyme, CT 06357
    • $799,000
    • STATUS: Active Under Contract
    • ON SITE: 53 days
    • MLS #: 170405965
    Under Contract
    UPDATED: 169 min ago
    $799,000
    • 8
      BEDS
    • 2.27
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 7,500
      SQFT
    • $107
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1948
    County:
    Area:

    School Information

    Elementary School:
    High School:

    Description

    Very rare opportunity to own an incredibly profitable property located just minutes from the beach! Located in Niantic CT, this unique lot includes two duplex's and 6 year round cottages. The possibilities are endless... 10 units. Fully rented at below market rents for the area. Raise rents or turn cottages into weekly rentals. These units can easily be converted into Airbnb/weekly rentals to turn this property into a high cash flow investment. Hire a property manager and still make a very high return on investment. Finding a property with this many units, all on the same lot, and near the beaches of Niantic is very difficult.

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    The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc. Data last updated: 2021-07-25T00:09:48.773.
    www.kendallgrouprealestate.com/homes/117782406
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    68 Black Point Road East Lyme, CT 06357

    • Price: $799,000
    • Status: Active Under Contract
    • Updated: 169 min ago
    • MLS #: 170405965
    8
    Beds
    6
    Baths
    0
    ½ Baths
    2.27
    Acres
    7,500
    SQFT
    $107
    $/SQFT
    1948
    Built
    Neighborhood:
    Niantic
    County:
    New London
    Area:
    E Lyme
    Elementary School:
    Niantic Center
    High School:
    East Lyme
    Property Description
    Very rare opportunity to own an incredibly profitable property located just minutes from the beach! Located in Niantic CT, this unique lot includes two duplex's and 6 year round cottages. The possibilities are endless... 10 units. Fully rented at below market rents for the area. Raise rents or turn cottages into weekly rentals. These units can easily be converted into Airbnb/weekly rentals to turn this property into a high cash flow investment. Hire a property manager and still make a very high return on investment. Finding a property with this many units, all on the same lot, and near the beaches of Niantic is very difficult.
    Exterior Features

    Color N/A Construction Description Frame Exterior Siding Other Foundation Type ConcreteSlab Lot Description N/A Roof Information Asphalt Shingle Waterfront Description BeachBeach RightsWalk To Water

    Interior Features

    Attic Yn No Basement Description None Cooling System Ceiling FansWindow Unit Heat Type BaseboardOther Hot Water Description PropaneOther

    Property Features

    Bank Owned Property Yn No Direct Waterfront Yn No Fuel Tank Location Above Ground Garage Parking Info Detached Garage Heat Fuel Type ElectricPropane Hoa Yn No Home Warranty Offered Yn No New Construction Type No/Resale Possession Availability Negotiable Potential Short Sale Yn No Property Sub Type 5 Family+ Property Tax 8453 Sewage System SepticShared Septic Sign Yn Yes Swimming Pool Yn No Water Source Public Water Connected Zoning R40

    Listing information © 2021 Smart MLS
    Listing provided courtesy of Brendon Mansaku of Mccorrison Dw Fish Real Estate.


    The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2021 SmartMLS, Inc. Data last updated: 2021-07-25T00:09:48.773.
     
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    Kendall Group Real Estate | Keller Williams
    404 Main Street
    Ridgefield CT, 06877