27 Moss Street, Stonington, Connecticut

$1,000,000

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8

Beds

7

Baths

3,507

Square feet

0.23

Acres

About 27 Moss Street

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.

Features of 27 Moss Street

MLS® # 24019869
Price $1,000,000
Bedrooms 8
Bathrooms 7.00
Full Baths 7
Square Footage 3,507
Acres 0.23
Year Built 1900
Type Multi-Family For Sale
Sub-Type 5 Family+
Style Other
Status Active

Community Information

Address 27 Moss Street
Area Pawcatuck
City Stonington
County New London
State Connecticut
Zip Code 06379

Amenities

Parking Spaces 8
Parking None, Paved, Off Street Parking, Driveway
Is Waterfront No
Waterfront Not Applicable
Has Pool No

Interior

Heating Baseboard, Electric, Gas In Street
Cooling None
Fireplace No

Exterior

Exterior Vinyl Siding
Exterior Features Sidewalk, Deck, Covered Deck
Lot Description Level Lot
Roof Asphalt Shingle
Foundation Stone

School Information

Elementary Per Board of Ed
Middle Per Board of Ed
High Stonington

Additional Information

Date Listed May 24th, 2024
Days on Market 49
Zoning RH-10
RE / Bank Owned No

Listing Details

OfficeWilliam Fain

Listing Map

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