77 Mechanic St Pawcatuck, CT 06379
Estimated payment $2,270/month
Highlights
- Finished Attic
- Attic
- Laundry Facilities
- Stonington Middle School Rated A-
- Baseboard Heating
- Concrete Flooring
About This Home
Investors! Check out this multi-family property nestled between the seaside charm of Stonington Borough, the mill-village character of Pawcatuck, and a short trip to beaches in Westerly, RI. Comprising 2 units with flexible 1 and 2 bedroom layouts, this property combines steady cash flow with latent upside plus an enviable location that tenants will love. Just moments from the iconic Stonington Lighthouse Museum, Stonington Harbor, and the quaint boutiques, galleries, and cafes along Water Street. The Pawcatuck side provides its own character underscoring the area's rich industrial past. This building offers residents true walkability. Inside, each unit offers separate utilities, ample storage options, and appliances. The building itself is well-maintained and offers an additional selling feature with a detached covered garage. From here, commuter connections are seamless being just minutes from I-95. The area's increasing attractiveness gives this asset unique appeal in a competitive market. Offering a stable, cash-flowing platform with clear paths for rental growth and amenity enhancements, this property is more than a building - it's a lifestyle investment. For those who value location, walkability, and character, this is an opportunity that checks every box. Schedule a private showing and explore how this property can anchor your next portfolio move.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,674
Year Built
- Built in 1880
Parking
- 1 Car Garage
Home Design
- Brick Exterior Construction
- Brick Foundation
- Concrete Foundation
- Asphalt Shingled Roof
- Concrete Siding
- Vinyl Siding
Interior Spaces
- 1,755 Sq Ft Home
- Concrete Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Attic
- Storage In Attic
- Walkup Attic
- Finished Attic
Unfinished Basement
- Basement Fills Entire Space Under The House
- Basement Hatchway
- Sump Pump
- Shared Basement
- Basement Storage
Schools
- West Vine Elementary School
- Stonington High School
Utilities
- Baseboard Heating
- Heating System Uses Oil
- Oil Water Heater
- Fuel Tank Located in Basement
Additional Features
- 10,454 Sq Ft Lot
- Flood Zone Lot
Community Details
- 2 Units
- Laundry Facilities
- Gross Income $34,140
Listing and Financial Details
- Assessor Parcel Number 2075713
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,674 | $184,800 | $37,100 | $147,700 |
| 2024 | $3,520 | $184,800 | $37,100 | $147,700 |
| 2023 | $3,521 | $184,800 | $37,100 | $147,700 |
| 2022 | $2,541 | $99,200 | $33,300 | $65,900 |
| 2021 | $2,544 | $99,200 | $33,300 | $65,900 |
| 2020 | $2,496 | $99,200 | $33,300 | $65,900 |
| 2019 | $2,491 | $99,200 | $33,300 | $65,900 |
| 2018 | $2,407 | $99,200 | $33,300 | $65,900 |
| 2017 | $2,004 | $81,400 | $28,200 | $53,200 |
| 2016 | $1,950 | $81,400 | $28,200 | $53,200 |
| 2015 | $1,830 | $81,400 | $28,200 | $53,200 |
| 2014 | $1,790 | $81,400 | $28,200 | $53,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/02/2025 10/02/25 | For Sale | $370,000 | -- | $211 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $168,000 | -- | |
| Warranty Deed | $168,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $148,425 | New Conventional | |
| Closed | $148,425 | New Conventional | |
| Previous Owner | $134,400 | Purchase Money Mortgage |
Source: SmartMLS
MLS Number: 24130213
APN: STON-000004-000006-000008
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