$2,500,000

Estimated payment $15,635/month

Total Views 12,651
4 Beds
4 Baths
3,279 Sq Ft
$762 Price per Sq Ft

Highlights

  • 4 Fireplaces
  • Walking Distance to Water
  • Property is near shops
  • Stonington Middle School Rated A-
  • Home Security System

About This Home

Here's a great opportunity to run your own "contactless" business in short term or long term rentals! Included in this recently re-imagined and renovated building are four units-one is a three bedroom, two bath penthouse on the top floor with bespoke finishes, recently and stylishly furnished (included), a gourmet kitchen complete with a subzero refrigerator and Wolf range, its own laundry and is ready to be rented so that you can start earning revenue right away. In addition, there are three efficiency apartments with fireplaces, luxurious, refined bathrooms and kitchenettes. All four of these units can easily accommodate an online booking system as well as contactless access for entrance to and egress from the suite! Fifteen surveillance cameras and an ADT alarm system combine to make security easily monitored resulting in a property that is meant to be low maintenance and low labor to run! Plus, there is ample parking with 10 off street autos. For the investor who wants to live in Mystic, the penthouse is the perfect sized home while renting the lower level efficiency units! The property is zoned as LS-5 and located in the heart of Mystic, Connecticut, one of the most beautiful New England year-round and resort towns with plenty of dining/shopping venues all within walking distance to the Mystic train station - serviced by Amtrac from NYC Metro, Fairfield County CT and Boston metro providing you with a market potential of over 25 million people!

Listing Agent

Donna Simmons

Mott & Chace Sotheby's Intl Rt License #RES.0802395 Listed on: 07/09/2025

Mott & Chace Sotheby's Intl Rt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,485

Year Built

  • Built in 1940

Parking

  • 10 Parking Spaces

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 3,279 Sq Ft Home
  • 4 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Home Security System

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Walking Distance to Water
  • Exterior Lighting

Schools

  • Stonington High School

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • 7,841 Sq Ft Lot
  • Property is near shops

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 2075464

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,485

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Neighborhood: Mystic
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors, Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3279
  • Total Sq Ft: 3279
  • Year Built: 1940
  • New Construction: No/Resale
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Private School(s), Public Rec Facilities, Shopping/Mall, Tennis Courts
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Driving from Westerly, take Stonington Westerly Road which becomes Williams Avenue. The property is located at the corner of Williams Avenue and Hatch St.
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Fireplaces: 4
  • Basement Description: None
  • Laundry Room Info: Hook-Up In Unit 1
  • Attic: No
  • Home Automation: Security System
  • Street Number Modifier: 44
  • Other SqFt Description: 3 units on first floor; 3 bedroom penthouse occupies top two floors

Exterior Features

  • Exterior Features: Sidewalk, Lighting
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 10
  • Garage And Parking: None, Paved, Parking Lot, Off Street Parking

Utilities

  • Cooling System: Ductless
  • Heat Type: Heat Pump
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Stonington

Green Features

  • Energy Features: Fireplace Insert

Lot Info

  • Acres: 0.18
  • Lot Description: Corner Lot City Views Level Lot
  • Zoning: LS-05
  • Parcel #: 2075464

Multi Family

  • Total Number Of Units: 4

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 24485
  • Total Assessed Value: 1346800
  • Mil Rate Total: 19.98
  • Tax District Amount: 2424

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Stonington

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2025 07/09/25 For Sale $2,500,000 -- $762 / Sq Ft
Source: SmartMLS

Source: SmartMLS

MLS Number: 24111060

SmartMLS