$515,000
$550,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
1 Palmer Street Stonington, CT 06379
5 Beds
2 Baths
1,596 SqFt
Key Details
Sold Price $515,000
Property Type Multi-Family
Sub Type 2 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,596 sqft
Price per Sqft $322
MLS Listing ID 24164343
Sold Date 06/22/26
Style Units are Side-by-Side
Bedrooms 5
Full Baths 2
Year Built 1900
Annual Tax Amount $3,159
Lot Size 6,534 Sqft
Property Sub-Type 2 Family
Property Description
Fully renovated 2-family in a prime Pawcatuck/Stonington location-perfect for both investors and owner-occupants. Each unit offers updated finishes, modern flooring, and a clean, move-in-ready feel throughout. The property has been thoughtfully improved, making it a low-maintenance asset with strong rental potential. Ideal setup for house hacking-live in one unit and offset your mortgage with rental income, or add a turnkey multi-family to your portfolio. Conveniently located near downtown Westerly, shopping, restaurants, and major routes, offering easy access to both Connecticut and Rhode Island amenities. Strong upside with market rents and minimal immediate capital needed. A rare opportunity to secure a renovated multi-family in a desirable shoreline market.
Location
State CT
County New London
Zoning Per Town
Rooms
Basement Full
Interior
Heating Baseboard
Cooling Window Unit
Exterior
Waterfront Description Not Applicable
Roof Type Asphalt Shingle
Building
Foundation Concrete
Sewer Public Sewer Connected
Water Public Water Connected
Schools
Elementary Schools Per Board Of Ed
High Schools Per Board Of Ed
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Bought with Greg Garrison • RE/MAX One

