Homes for sale - 27 Moss Street, Stonington, CT 06379

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$950,000

Est. payment - /mo

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8 BD

7 BA

3,507 SqFt

Under Contract

27 Moss Street Stonington, CT 06379

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Richard Higgins

richhiggins6@gmail.com +1(203) 520-5356

UPDATED:

10/28/2024 09:38 PM

Key Details

Property Type Multi-Family

Sub Type 5 Family+

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,507 sqft

Price per Sqft $270

MLS Listing ID 24019869

Style Other

Bedrooms 8

Full Baths 7

Year Built 1900

Annual Tax Amount $7,814

Lot Size 10,018 Sqft

Property Description

Opportunity Knocks: Don't miss out on this lucrative investment! Whether you're a seasoned investor or a first-time buyer, this 6-unit property in Pawcatuck promises both stability and growth potential. Investment Highlights: * Strong Cap Rate: At 9.25%, this property offers an attractive return on investment. * Steady Demand: Pawcatuck's growing economy ensures consistent tenant demand. * Historic Charm: The property's character and location appeal to renters seeking authenticity. Key Features: 1. Prime Location: Situated in the charming village of Pawcatuck in the town of Stonington, this property enjoys proximity to Westerly, Rhode Island, and historic commercial ties. 2. Industrial Base: Retaining its industrial heritage, the neighborhood hosts companies like Davis-Standard, Cottrell Brewery, and Hi-Tech Profiles. 3. Sport Fishing Hub: Marinas support an active sport fishing industry, attracting enthusiasts year-round. 4. Retail and Arts Scene: Pottery and jewelry studios add to the vibrant local arts community. Property Overview: * Unit Count: 6 * Cap Rate: 9.25%

Location

State CT

County New London

Zoning RH-10

Rooms

Basement Full, Heated, Fully Finished, Apartment, Interior Access, Liveable Space, Full With Walk-Out

Interior

Heating Baseboard

Cooling None

Exterior

Exterior Feature Sidewalk, Deck, Covered Deck

Garage None, Paved, Off Street Parking, Driveway

Waterfront Description Not Applicable

Roof Type Asphalt Shingle

Building

Lot Description Level Lot

Foundation Stone

Sewer Public Sewer Connected

Water Public Water In Street

Schools

Elementary Schools Per Board Of Ed

Middle Schools Per Board Of Ed

High Schools Stonington

Listed by Bill Fain • William Fain

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Richard Higgins

Broker | License ID: REB.0791357

+1(203) 520-5356

Richard Higgins

27 Moss Street Stonington, CT 06379

Richard Higgins

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

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27 Moss Street