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 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%
Features of 27 Moss Street
MLS® # | 24019869 |
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Price | $950,000 |
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 | Under Contract |
Community Information
Address | 27 Moss Street |
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Area | Pawcatuck |
City | Stonington |
County | New London |
State | Connecticut |
Zip Code | 06379 |
Amenities
Parking Spaces | 8 |
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Parking | None, Paved, Off Street Parking, Driveway |
Is Waterfront | No |
Waterfront | Not Applicable |
Has Pool | No |
Interior
Heating | Baseboard, Electric, Gas In Street |
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Cooling | None |
Fireplace | No |
Exterior
Exterior | Vinyl Siding |
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Exterior Features | Sidewalk, Deck, Covered Deck |
Lot Description | Level Lot |
Roof | Asphalt Shingle |
Foundation | Stone |
School Information
Elementary | Per Board of Ed |
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Middle | Per Board of Ed |
High | Stonington |
Additional Information
Date Listed | May 24th, 2024 |
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Days on Market | 114 |
Zoning | RH-10 |
RE / Bank Owned | No |
Listing Details
Office | William Fain |
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