68-70 Black Point Rd

$3,895,000
Price
14
Beds
5,907 Sq. Ft.
$659 / Sq. Ft.
5,907
Sq. Ft.
$659
per Sq. Ft.

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,...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.
  1. Listed by Adam Velez • eXp Realty
    P: (860)-961-6040 C: (860)-961-6040 velezad50@gmail.com

Property Details for 68-70 Black Point Road

Basement Description
Full
Direct Waterfront
No
Neighborhood
Black Point
Style
Other
Garage Parking Info
None
Swimming Pool
No
LISTING UPDATED: 10/08/2025 02:22 AM

Property Details for 68-70 Black Point Road

StatusActive
MLS #24077288
Days on Market298
Taxes$13,721 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 5 Family+
Year Built1950
Lot Size2.27 AC / 98,881 SF
CountyNew London County

Location

Listing Courtesy of eXp Realty, Adam Velez
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Building Information for 68-70 Black Point Road

Stories-Residences11Year Built1950Building Size-Lot Size2.27 AC / 98,881 SF

Payment Calculator

$20,390 per month

30 year fixed, 6.28% Interest

Principal and Interest

$19,247

Property Taxes

$1,143

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 68-70 Black Point Road

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Coming Westward from Rope Ferry Rd. take a left onto Black Point Rd. and property is 0.3mi in on your left.
  • Elementary School: Lillie B. Haynes
  • High School: East Lyme
  • Latitude: 41.317631
  • Longitude: -72.205787
  • State: Connecticut
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $13,721
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Walk to Water
Interior Features
  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Attic YN: No
  • Rooms Total: 44
Property
Property and Assessments
  • Construction Description: Frame
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Slab
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1950
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: Renovated units
Lot Information
  • Lot Description: Secluded, Lightly Wooded, Level Lot
  • Parcel Number: 1467457
  • Sq Ft Est Heated Above Grade: 5907.0
  • Sq Ft Total: 5907.0
  • Zoning: R40
Utilities
  • Heat Fuel Type: Electric, Oil
  • Hot Water Description: Upright Tank
  • Sewage System: Septic
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Occupied By: Tenant
  • Total Number of Units: 11
  • Total Rooms Multi Family: 44
Unit 1
  • Unit Entry Order: 1
  • Unit Full Baths: 10
  • Unit Modified Date: 03-01-2025
  • Unit Num Bedrms: 14
  • Unit Num Rooms: 44

Public Records for 68-70 Black Point Road

Taxable ValueLand$134,680Additions$355,180Total$489,860
Tax Record2024$12,908 ($1,076 / month)
Home Facts
Lot Size98,806 SqFtStyleMulti-Family Dwelling (2-4)ZoningR40CountyNEW LONDONAPNELYM M:011.4 B:00128 L:00000

Schools near 68-70 Black Point Road

This home is within East Lyme School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - K to 4
Public - K to 4
Rating
School
Distance
East Lyme Middle School
Public5 to 8

East Lyme High School
Public9 to 12

Niantic Center School
PublicK to 4

Lillie B. Haynes School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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68-70 Black Point Road is a multi-family home for sale in East Lyme, CT 06357. This property was listed for sale on February 28, 2025 by eXp Realty, it's currently listed at $3,895,000. This listing's school district is East Lyme School District. Nearby schools include East Lyme Middle School, East Lyme High School and Niantic Center School. 68-70 Black Point Road is a 14-bed, 10-bath, 5,907 sqft multi-family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of eXp Realty, Adam Velez

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.