114 days on market
Under Contract
More about this Property

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27 Moss Street, Stonington CT 06379

Current Price: $950,000

8 beds 7 baths 3507 sq. ft

Last Update: 12/4/2024

Property Type: Multi-Family For Sale

Public Remarks

Opportunity Knocks: Dont miss out on this lucrative investment! Whether youre 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: Pawcatucks growing economy ensures consistent tenant demand. * Historic Charm: The propertys 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%

Map to Property at 27 Moss Street, Stonington CT 06379


Route 1 to Moss Street (across from the former West Broad Street School), South to number 27

Residential Property Information for 27 Moss Street, Stonington CT 06379

MLS #: 24019869

Style: Other

Color: White

Total Rooms:

Bedrooms: 8

Bathrooms: 7

Acres: 0.23

Year Built: 1900 (Public Records)

New Construction: No/Resale

Home Warranty Offered:

Property Tax: $7,814

Zoning: RH-10

Mil Rate:

Assessed Value: $410,200 

Potential Short Sale:

Square Footage: Estimated HEATED Sq.Ft. above grade is 3507; below grade sq feet total is ; total sq ft is 3507

Features
Laundry Location & Info: Washer/Dryer Some Units  Most units have washer + dryer installed
Fireplaces: 0
Basement Desc.: Full,Heated,Fully Finished,Apartment,Interior Access,Liveable Space,Full With Walk-Out
Exterior Siding: Vinyl Siding
Exterior Features: Sidewalk,Deck,Covered Deck
Foundation: Stone
Roof: Asphalt Shingle
Driveway Type: Paved,Asphalt
Garage/Parking Type: None,Paved,Off Street Parking,Driveway
Swimming Pool: 0
Waterfront Feat.: Not Applicable
Lot Description: Level Lot
Nearby Amenities: Shopping/Mall,Walk to Bus Lines
Occupied: Tenant
Utility Information

Hot Water System Other,Electric,Domestic

Heat Type: Baseboard

Fueled By: Electric,Gas In Street.

Cooling: None

Fuel Tank Location:

Water Service: Public Water In Street

Sewage System: Public Sewer Connected

School Information

Elementary: Per Board of Ed

Intermediate:

Middle: Per Board of Ed

High School: Stonington

Marketing History

Current List Price: $950,000

Original List Price: $1,000,000

DOM: 114

Listing Date: 5/24/2024

Last Updated: 9/23/2024 1:53:41 PM

Listing Agent and Broker

List Agent Name: Bill Fain

List Office Name: William Fain