1 Palmer Street, Stonington, CT 06379

$515,000

Est. payment /mo

$550,000

6.4%
Est.Price: ?

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1 Palmer Street Stonington, CT 06379

5 Beds

2 Baths

1,596 SqFt

SOLD DATE : 06/22/2026

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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Listed by Shay Hugo Vaezzadeh • Oxford Realty
Bought with Greg Garrison • RE/MAX One

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