17 Hancox Street, Stonington, CT

$3,575,000

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9,344

Square feet

0.37

Acres

About 17 Hancox Street

Unlock Your Investment Potential w/ this Private Waterfront Condo Complex. Are you seeking a strategic real estate investment that combines luxurious coastal living w/ income-generating potential? Look no further than 17 Hancox Street, a 15-unit condominium complex nestled along the serene shores of Stonington, CT. This property offers a rare chance to diversify your portfolio & tap into the highly sought-after waterfront market. Commanding panoramic water views & direct waterfront access, this condo complex is a magnet for renters & buyers alike. Tenants will savor the allure of coastal living while you reap the benefits of high-demand real estate. With 15 individual units (12 units recently fully updated), you'll have a steady stream of rental income, ensuring a reliable return on your investment. Capitalize on the evergreen appeal of waterfront living in this coveted location. Tenants are drawn to the luxurious amenities, including access to a private dock, ideal for swimming, sunbathing, or launching your kayak for a leisurely paddle. Waterfront paver patios w/fire pits, provides the perfect setting for gatherings & relaxation. Location, Location, Location: Stonington, CT, is a picturesque coastal town known for its charm & maritime history. The value of waterfront real estate remains resilient over time. Invest w/confidence, knowing that your property is poised for steady appreciation, offering a secure long-term investment

Features of 17 Hancox Street

MLS® # 170595705
Price $3,575,000
Square Footage 9,344
Square Footage Public Records
Acres 0.37
Year Built 1939
Type Commercial For Sale
Status Closed

Community Information

Address 17 Hancox Street
Area Stonington Borough
City Stonington
County New London
State CT
Zip Code 06378

Amenities

Utilities Electric
Parking Paved, Off Street Parking
Is Waterfront No
Has Pool No

Interior

Interior Vinyl
Interior Features Living Space Available
Heating Radiator, Electric
Cooling None
Fireplace No

Exterior

Lot Description Level Lot
Roof Asphalt Shingle
Foundation Concrete

Additional Information

Date Listed September 5th, 2023
Days on Market 36
Zoning R-1
RE / Bank Owned No

Listing Details

OfficeBerkshire Hathaway NE Prop.

Listing Map

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