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$1,595,000
PRICE
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6
Beds
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5/1
Baths
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3,791
Sqft
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0.22
Acres
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1844
Built
Heart Of Mystic
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!
READ MORELESS
Additional Information
ADDITIONAL INFORMATION
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ACRES:
0.22
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ATTIC DESCRIPTION:
Access Via Hatch
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BASEMENT DESCRIPTION:
Full, Unfinished, Full With Walk-Out
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EXCLUSIONS:
Washer, Dryer and Dishwasher in Unit 2. These appliances belong to the Tenant.
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GARAGE:
Parking Lot, Off Street Parking, Driveway
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GROSS EXPENSES:
30910
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GROSS INCOME:
91800
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HIGH SCHOOL:
Fitch Senior
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IS OCCUPIED?:
Tenant
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LIVING AREA SQFT:
3,791
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NEIGHBORHOOD:
Mystic
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PROPERTY TAX:
$14,291
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SEWER:
Public Sewer Connected
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STYLE:
Other
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TAX AMOUNT:
$14,291
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UNIT COUNT:
4
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YEAR BUILT:
1844
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YEAR BUILT DETAILS:
Public Records
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ZONING:
R-7
AMENITIES
- Library
- Medical Facilities
- Park
- Playground/Tot Lot
- Shopping/Mall
INTERIOR FEATURES
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AIR CONDITIONING:
Wall Unit
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ATTIC:
Yes
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BEDS:
6
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COOLING:
Wall Unit
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FULL BATHS:
5
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FURNACE TYPE:
Oil
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HALF BATHS:
1
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HEAT:
Oil
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HEAT FUEL:
Oil
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HOT WATER:
Domestic
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LAUNDRY ROOM:
Coin Op Laundry, Common Laundry Area
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LAUNDRY ROOM ACCESS:
In Basement
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ROOMS:
10
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TOTAL BATHS:
6
EXTERIOR FEATURES
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EXTERIOR FEATURES:
Sidewalk
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EXTERIOR SIDING:
Clapboard, Cedar, Wood
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HOUSE COLOR:
Yellow and White
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ROOF:
Asphalt Shingle
Listing Courtesy of Judith Caracausa (860.572.1155) of William Pitt Sotheby's Int'l (860.536.5900).
Location for 19 Pearl Street, Groton, CT