Historic Downtown Mystic Well Maintained 4 Family Home.


Property

Website:https://www.nestseekers.com/5241401
Address:
19 Pearl
Groton, CT 06355
Ownership: Multi-Family
Type: Multi-Family
Bedrooms: 6 BR
Bathrooms: 6
Area: 3791 sq ft

Financials

Price:$1,595,000
Annual Taxes:$14,291

Description

Historic Downtown Mystic Well Maintained 4 Family Home. This exceptional income-producing property featuring 2 legally approved Airbnb units (town of Groton) with private parking-offering generous revenue potential. 100 percent Occupied with one year lease. This special property features two covered porches and valuable off-street parking, just steps from Mystic's renowned shops, acclaimed restaurants, the iconic Bascule Bridge, sailing, kayaking, and year-round waterfront activities. The building offers three one-bedroom, one-bath apartments plus a second floor spacious three-bedroom, 2.5-bath residence, ideal for owner occupancy, long-term rental, or continued short-term use. A proven and lucrative Annual and VRBO rental history enhances its investment appeal. An outstanding opportunity in one of Connecticut's most sought-after coastal destinations-perfect for investors, second-home buyers, or those seeking to live in downtown Mystic while generating income. Very well maintained. Shared Laundry in Basement. Excellent Location and Value!

Amenities

  • Elementary School - Per Board of Ed
  • High School - Fitch Senior
  • Intermediate School -
  • Sidewalk
  • Wall Unit

Contact

Nest Seekers International at The J House Greenwich, 1114 E Putnam Ave, Riverside, CT 06878
Listing Courtesy of Judith Caracausa of William Pitt Sotheby's Int'l