Price Reduced 5.00%

$950,000

Under Contract

Est. Mortgage $4,618/mo *

Quick Pre-Approval

Brochure

Call Text Schedule Tour Request More Information

Price History

$1,000,000
6/12/2024

$950,000
8/1/2024

27 Moss Street, Stonington, (Pawcatuck), CT, 06379

27 Moss Street, Stonington, (Pawcatuck), CT, 06379
View larger map Directions

5 beds

4 Full baths

1900

3,507 sqft

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%

Status:

Under Contract

Town:

Stonington

Type:

Commercial

Units:

6

Zoning:

RH-10

Frontage:

Municipal Street,Paved Road

Heating:

Baseboard

Cooling:

None

Acreage:

0.23

Est. Taxes:

$7,814

Assessment

$410,200

Current Use

Apartment Residential Income

Utilities

Electric,Gas,Phone Available,Cable Available

Lot Description:

Level Lot,Cleared

Days on Market:

102

MLS #:

24024984

Community Info

School Info

Walk Score

Mass Transit

Yelp

Similar Properties

Price Reduced!

$985,000

15,000 sqft

21 Vergason Avenue, Norwich, (Norwichtown), CT, 06360

Price Reduced!

$985,000

7,443 sqft

54 Seckar Rd., Ashford, CT, 06278

Price Reduced!

$985,000

26 Huntington Avenue, Norwich, (Norwichtown), CT, 06360

$975,000

10,784 sqft

830 S Main Street, Cheshire, CT, 06410

$925,000

6 baths

8,952 sqft

94 Old State Road, Brookfield, CT, 06804

$1,000,000

13,942 sqft

97-105 Main Street, Norwich, CT, 06360

Price Reduced!

$975,000

23,467 sqft

132 Main Street, Chester, CT, 06412

Price Reduced!

$899,000

603 Wittenberg Road, City Not Found, (Woodstock), CT, 12457

$899,000

2 baths

9,480 sqft

370 East Main Street, Ansonia, CT, 06401

Price Reduced!

$888,000

112 Lake Street, City Not Found, CT, 14901

$900,000

1 baths

11,095 sqft

17 South Main Street, Brooklyn, (East Brooklyn), CT, 06234

Price Reduced!

$995,500

5,000 sqft

8 Knight Rd, City Not Found, CT, 01230

$950,000

1 baths

2,183 sqft

5 Miner Street, Canaan, (Falls Village), CT, 06031

Price Reduced!

$999,000

0.5 baths

3,384 sqft

36 North Street, Groton, CT, 06340

Price Reduced!

$899,000

2 beds

1 baths

4,674 sqft

388 Broad Street, Bristol, CT, 06010

$999,900

110 New Hartford Road, Barkhamsted, CT, 06063

New or Coming Soon Properties

New Listing!

$1,100,000

4,095 sqft

790 Farmington Avenue, Bristol, CT, 06010

New Listing!

$799,900

2 beds

1 baths

40 Carter Street, East Hartford, CT, 06118

New Listing!

$1,100,000

3 beds

2 baths

1,404 sqft

117 North Street, Stamford, (Mid City), CT, 06901

New Listing!

$850,000

0.5 baths

1,500 sqft

327 Greenwich Avenue, Stamford, (Waterside), CT, 06902

New Listing!

$1,000,000

2,500 sqft

7365 Main Street, #STE 1, Stratford, CT, 06614

$899,900

2.5 baths

9,543 sqft

East Windsor, CT, 06088

New Listing!

$850,000

3,564 sqft

1188 fairfield Avenue, Bridgeport, (South End), CT, 06605

Copyright ©2024 SmartMLS, Inc.
Listing courtesy of Bill Fain, William Fain Email: bill@Fanrei.com