27 Moss Street Stonington, CT 06379
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.
- Property TypeMulti-Family
- NeighborhoodPawcatuck
- CountyNew London
- Taxes$7,815
- HOA/Condo/Coop Fees$0
- Days on Site24 Days
- MLS StatusActive
- MLS ID Number24019869
- Home Size Source Public Records
- Year Built1900
- Lot Size0.23 Acres
- Full Baths7
- Partial BathsN/A
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General Features
- Style Other
- Construction Vinyl Siding
- Parking NonePavedOff Street ParkingDriveway
- Parking Spaces 8
- Sewer Public Sewer
- Basement FullHeatedFully FinishedApartmentInterior AccessLiveable SpaceFull With Walk- Out
- Acreage 0.23
- Water Public
- Property Sub Type Multi Family
- Foundation Stone
- Zoning RH-10
Interior Features
- Cooling None
- Heating ElectricGas In StreetBaseboard
- Fireplaces 0
- Laundry Features Washer/ Dryer Some UnitsMost units have washer + dryer installed
Exterior Features
- Roof Asphalt
- Spa No
- Waterfront Property No
- Waterfront Features Not Applicable
- Exterior SidewalkDeckCovered Deck
- Lot Level Lot
- Patio And Porch DeckCovered Deck
Community Features
- Community Features Shopping/ MallWalk to Bus Lines