SoldJul 11, 2022

Listed by Lea Trueblood

Source: eXp Realty #107663600

68 Black Point Rd, Niantic, CT, 06357

$920,000

14
6500 sq. ft.
2.27 ac.

MultiFam

30+ days on the market

Sold: Jul 11, 2022

What's around 68 Black Point Rd

About this property

AMAZING CASH FLOW 10 FAMILY RIGHT BY BEACH! This unique multifamily property is located right near the center of Niantic and walking distance to McCooks Beach! There are 6 picturesque cottages, a pair of duplexes, and a multi car garage on the 2+ acre lot. This property is easily accessible with dual points of entry and a circular driveway. Private parking spaces for each cottage, and duplexes have their own assigned parking. MANY UPDATES WERE DONE TO THIS PROPERTY- NEW ROOFS ON 4 COTTAGES, COMPLETELY UPDATED COTTAGE #4, SEPTIC SYSTEMS WERE INSPECTED AND FIXES COMPLETED, UPDATED SUPPORT TO MULTIFAMILY #1. This property is fully rented, mostly to long term tenants, and those month-to-month leases are under market value.

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