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109 Water Street Street, Stonington BoroughStonington, CT 06378MLS Number 170377777

  • Price: $1,200,000The price has recently decreased
  • Est. Mortgage of $/month
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Price Down Payment Interest Rate Years
%

Est. Mortgage: $/month

Federal 30-year interest rate: 2.8% last updated on 2021-07-29

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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  • 3Bedrooms
  • 3Bathrooms
  • 2,604Square Feet
  • 0.04Acreage
Investment opportunity! Welcome to the Historical Stonington Borough, this is a mixed use property in the heart of The Borough with through the roof rental potential. Commercial space on the first floor, 2 bedroom apartment on the second floor, and one bedroom open concept apartment on the third floor with water views. The Stonington Borough is a unique historic village enriched with local shops, boutiques, beaches, docks, water accessibilities, and numerous restaurants all within walking distance from 109 Water Street. Directly across the street is Waylands Wharf which offers off street parking, a public dock with a ladder, and a field/gazebo. Take a drive to either one of the neighboring towns of Westerly or Mystic to explore all this area has to offer!
Listed by Sean Conroy of RE/MAX South County

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Call: 860-535-8364

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Basic Information

  • StatusACT
  • List Price$1,200,000
  • Square Feet2,604
  • HoaNo
  • Lease purchaseNo
  • Units3
  • Property subtypeOther
  • Property TypeMulti-Family For Sale
  • Acreage0.04
  • MLS Number170377777

Interior

  • Rooms total multifamily6
  • RoofAsphalt Shingle

Exterior

  • ColorWhite w/ green trim
  • Exterior featuresPorch-Enclosed
  • Exterior sidingShake, Cedar, Asbestos

Utilities

  • Water sourcePublic Water Connected
  • Cooling SystemCeiling Fans, Wall Unit, Window Unit
  • Hot water descriptionOil
  • Heating FuelOil
  • Fuel tank locationIn Basement
  • Heat SystemBaseboard, Zoned
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected
  • Estimated annual heat cost$1,200

Tax Information

  • Milrate base23
  • Milrate tax district3
  • Milrate total26.36
  • Taxes$10,257
  • Tax YearJuly 2020-June 2021
  • Assessed value$389,100

Building

  • Bedrooms3
  • Bathroom3
  • Year Built1900
  • Garage Spaces
  • Property StyleOther
  • FoundationConcrete
  • Garage Parking InfoUnassigned Parking, Parking Lot
  • New construction typeNo/Resale
  • AtticNo
  • BasementHatchway Access, Sump Pump
  • Full Bath2
  • Half Baths1

Amenities

  • Amenities
    • Golf Course
    • Library
    • Paddle Tennis
    • Park
    • Playground/Tot Lot
    • Private Rec Facilities
    • Private School(s)

Auction

  • Bank owned propertyNo

Other

  • Radon mitigation airUnknown
  • Radon mitigation waterUnknown
  • Space is leasedNo
  • View Count8

School Information

  • Elementary SchoolDeans Mill
  • High SchoolStonington

Rooms

  • Laundry room infoHook-Up In Unit 3

Location

  • StateCT
  • Zip06378
  • CountyNew London
  • NeighborhoodStonington Borough

Property

  • Lot DescriptionHistoric District, Water View
  • Driveway TypeNone
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneYes
  • SwimmingpoolNo
  • Building ConstructionFrame

Water Body

  • Waterfront DescriptionAccess, View, Walk to Water

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