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.
Off market
Price Unknown
68 Black Point Rd #70, Niantic, CT 06357
--beds
0baths
6,500sqft
MultiFamily
Built in 1948
-- sqft lot
$-- Zestimate®
$--/sqft
$1,764 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Baseboard, Other
Cooling
- Wall
Features
- Basement: Yes
Interior area
- Total interior livable area: 6,500 sqft
Property
Parking
- Total spaces: 14
- Parking features: Off-street
Lot
- Size: 2.27 Acres
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1948
Community & neighborhood
Location
- Region: Niantic
Other
Other facts
- Basement: Yes
- CoolingSystem: Wall
- HeatingSystem: Other
- ParkingType: OffStreet
- NumParkingSpaces: 14