Sold
Closed
17 Hancox Street
Stonington CT, 06378
$3,575,000
$382.60 per sqft
Sold
Closed
9,344 sqft
Commercial
Built in 1939
Unlock Your Investment Potential w/ this Private Waterfront Condo Complex. Are you seeking a strategic real estate investment that combines luxurious coastal living w/ income-generating potential? Look no further than 17 Hancox Street, a 15-unit condominium complex nestled along the serene shores of Stonington, CT. This property offers a rare chance to diversify your portfolio & tap into the highly sought-after waterfront market. Commanding panoramic water views & direct waterfront access, this condo complex is a magnet for renters & buyers alike. Tenants will savor the allure of coastal living while you reap the benefits of high-demand real estate. With 15 individual units (12 units recently fully updated), you'll have a steady stream of rental income, ensuring a reliable return on your investment. Capitalize on the evergreen appeal of waterfront living in this coveted location. Tenants are drawn to the luxurious amenities, including access to a private dock, ideal for swimming, sunbathing, or launching your kayak for a leisurely paddle. Waterfront paver patios w/fire pits, provides the perfect setting for gatherings & relaxation. Location, Location, Location: Stonington, CT, is a picturesque coastal town known for its charm & maritime history. The value of waterfront real estate remains resilient over time. Invest w/confidence, knowing that your property is poised for steady appreciation, offering a secure long-term investment
170595705
MLSⓇ ID
September 5, 2023
Listed
November 22, 2024
Updated
Map
17 Hancox Street
Stonington CT, 06378
Interior Features
Interior Features
Vinyl
Floor Description
Vinyl
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Electric, Hot Water
Exterior/Building Features
Lot Size
0.37 Acres
Lot Features
Level
Roof
Asphalt
Sewer
Public Sewer
Other Property Details
Area Name
Stonington Borough
Taxes
$45,486
Tax Frequency
Annually
Days on Market
36
Garage
No
Parking
Off Street
View
No
County
New London
Water Source
Public
Pool
No
Zoning
R-1
Listed by Mark Riesbeck with Berkshire Hathaway NE Prop.
Listing Contact: 8608746629
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Data last updated on 11/22/2024 at 5:54 AM UTC