Sold

3 Pearl Street

Groton CT, 06355

$1,920,000


$363.36 per sqft

Sold

5,284 sqft

Commercial

Built in 1843

Prime Commercial property located in the heart of downtown Mystic comprised of 2 storefronts and 7 residential units. Amazing opportunity to purchase turnkey investment with gross rental income of $174,000 and the ability to increase to over $225,000. Fully occupied, off street parking and capital improvements to include: heating, roofs, air conditioning paint and driveways. Please reach out for a detailed marketing packet to include all financials..

170418201

MLS ID

July 12, 2021

Listed

February 16, 2024

Updated

Map

3 Pearl Street
Groton CT, 06355

Interior Features

Total Stories

2


Interior Features

Concrete, Vinyl, Wood


Floor Description

Concrete, Vinyl, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Electric, Propane, Baseboard

Exterior/Building Features

Lot Size

0.2 Acres


Lot Features

Sloped


Roof

Asphalt, Rubber


Sewer

Public Sewer

Other Property Details

Area Name

Mystic


Taxes

$16,548


Tax Frequency

Annually


Days on Market

182


Garage

No


Parking Total

5


View

No


County

New London


Water Source

Public


Pool

No


Zoning

MDD

Listed by Jon Arruda with William Pitt Sotheby's Int'l
Listing Contact: 8605365900 

The IDX display contains information sourced from the  Smart MLS, Inc as of 2/16/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 2/16/2024 at 12:07 AM UTC

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