27 Moss Street Stonington, CT $ 1,000,000
27 Moss Street
$ 1,000,000
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27 Moss Street

Stonington, CT, 06379
$ 1,000,000
Bedrooms8 Baths7.0 Sq 3,507

Monthly Estimate*

$ 6,646

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Multi-Family Home for sale in Stonington, CT

for $1,000,000 with 8 bedrooms and 7 full baths. This 3,507 square foot home was built in 1900 on a lot size of 0.23.

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 7.794%, 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: 7.794% * Price: $1,000,000.

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Multi-Family Active

Price

$ 1,000,000

Bedrooms

8

Full Bath

7

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.23

Year Built

1900

Town/City

Stonington

MLS | Web ID

24019869

Features
General
Exterior Features Sidewalk Deck Covered Deck
Zoning RH-10
Full Baths 7
Half Baths 0
Year Built 1900
Neighborhood Pawcatuck
Style Other
Heater Type Baseboard
County New London
Property SubType 5 Family+
Tax Year July 2023-June 2024
Net Operating Income 77940
Property Type Multi-Family For Sale
Status Active
Acres 0.23
Directions Route 1 to Moss Street (across from the former West Broad Street School) South to number 27
High School Stonington
City Stonington
Elementary School Per Board of Ed
Sq Ft Total 3507
DOM 13
Year Built Source Public Records
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Interior
Cooling System None
Basement Description Full Heated Fully Finished Apartment Interior Access Liveable Space Full With Walk-Out
Total Fireplaces 0
Total Rooms 21
Hot Water Other Electric Domestic
Total Bathrooms 7
Total Bedrooms 8
Total Number of Units 6
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Exterior
Water Source Public Water In Street
Garage Parking None Paved Off Street Parking Driveway
Lot Description Level Lot
Pool? 0
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* Excluded Features
List By
Bill Fain

Listing Agent

William Fain

Broker

bill@Fanrei.com

Email

Affordability Calculator

$6,646
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,646
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
3042736 Elementary School
3042558 Middle School
Stonington High School High School
Pricing History
DatePricePrice ChangeDescription
5/24/2024$1,000,000 Listed Price

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27 Moss Street, Stonington, CT, 06379 is a Multi-Family Home for sale at $1,000,000 with 3,507 sqft and a lot size of 0.23. 27 Moss Street has 8 bedrooms, 7.0 baths, and was built in 1900. The property's zip code is 06379 which is in Stonington, CT