List Price

$2,550,000

Status

Active

Type

Multi-Family

Beds

6

Baths

5

Sq. Ft.

3,669

Built

1940

Acres

0.17

$ / Sq. Ft.

$695

FeeKeeper

5

Style

Units on different Floors, Units are Side-by-Side

Taxes

$11,305

Nearby Schools
Neighborhood
Tranquility
Market Insights
Property History

A turn-key investment opportunity in the heart of Mystic. This completely updated multi-unit building blends coastal sophistication with a high-yield asset model, making it a true trophy property for your portfolio. In the LS-5 zone, it is positioned perfectly for an owner occupier on the second floor with rental units for the modern traveler on the first level. Or, use all units as long-term rentals or an Inn. The building features a spectacular, two-story luxury penthouse with a chef's kitchen, premium appliances, 3 bedrooms and 2 full baths, and dual private outdoor decks designed for entertaining. The first floor has three impeccably furnished studio suites expertly designed with dedicated zones for living and sleek, spa-like baths. The property is within short walking distance to the Amtrak station and downtown Mystic's dining, shopping, and historic drawbridge. Strategically located moments from historic Stonington and the Rhode Island border, this asset is easily serviced by trains from NYC, Boston, and Fairfield County-putting a premier vacation market right at your doorstep. Outfitted with comprehensive security, integrated cameras, and smart access, the entire building is fully optimized for a lucrative, contactless rental system, while solar power generation keeps utility overhead exceptionally low. Complete with 10 on-site parking spaces This property delivers maximum convenience, modern efficiency, and cash flow.

Home Tours

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You Keep The Fee

Estimated rebate calculated using List Price and co-broker commission offered on the MLS. Realtor commission rebates are not available where prohibited by law. See full Terms and Conditions .

$63,750

Commission structure not available, using default of 2.5%

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Questions

FeeKeeper is here to help, reach out with any questions you may have.

(860) 310-1255

Brokered By

Jonathan Shockley, Serhant Connecticut, LLC

  • Last Checked 1 Minute
  • Last MLS Update 5 Days

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