68-70 Black Point Road East Lyme, CT $ 3,895,000
68-70 Black Point Road
$ 3,895,000
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68-70 Black Point Road

East Lyme, CT, 06357
$ 3,895,000
Bedrooms14 Baths10.0 Sq 5,907

Monthly Estimate*

$ 24,300

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Multi-Family Home for sale in East Lyme, CT

for $3,895,000 with 14 bedrooms and 10 full baths. This 5,907 square foot home was built in 1950 on a lot size of 2.27.

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.

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Multi-Family Active

Price

$ 3,895,000

Bedrooms

14

Full Bath

10

Property Type

Multi-Family

Taxes

$ 13,721

Style

Lot Size

2.27

Year Built

1950

Town/City

East Lyme

MLS | Web ID

24077288

Features
General
Zoning R40
Neighborhood Black Point
County New London
Tax Year July 2025-June 2026
Property Type Multi-Family For Sale
Status Active
Acres 2.27
Directions Coming Westward from Rope Ferry Rd. take a left onto Black Point Rd. and property is 0.3mi in on your left.
High School East Lyme
City East Lyme
Elementary School Lillie B. Haynes
Sq Ft Total 5907
DOM 221
Year Built 1950
Style Other
Year Built Source Public Records
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Interior
Cooling System Window Unit
Total Number of Units 11
Total Rooms 44
Basement Description Full
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Exterior
Water Source Public Water Connected
Lot Description Secluded Lightly Wooded Level Lot
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* Excluded Features
List By
Adam Velez

Listing Agent

Exp Realty

Broker

velezad50@gmail.com

Email

Affordability Calculator

$25,443
Per Month
96%
4%
0%
Monthly Principal & Interest
$24,300
Monthly Property Taxes
$1,143
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3041615 Elementary School
897564 Middle School
East Lyme High School High School
Pricing History
DatePricePrice ChangeDescription
6/26/2025$3,895,000 Listed Price

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68-70 Black Point Road, East Lyme, CT, 06357 is a Multi-Family Home for sale at $3,895,000 with 5,907 sqft and a lot size of 2.27. 68-70 Black Point Road has 14 bedrooms, 10.0 baths, and was built in 1950. The property's zip code is 06357 which is in East Lyme, CT