$2,750,000

56-58 East Main Street, Stonington, CT 06355

  • 12 beds |
  • 8 baths |
  • 6,811 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $404/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Welcome to this unique investment opportunity featuring two separate homes on a single lot, offering a total of FIVE units all fully occupied bringing in a total of $14,500 monthly. This property offers a large off street parking lot in the very desired neighborhood of Mystic. Just a four minute walk to downtown! The two units in the rear have been completely reconstructed with modern finishes and quality craftsmanship throughout. Each unit offers 2 spacious bedrooms, custom closets throughout, stunning bathrooms, and contemporary open-concept living areas. Everything is brand new-from the flooring, walls, electrical, plumbing, Anderson windows, spray foam insulation, AZEK exterior trim, roof, vinyl shake siding and fixtures to the kitchens and bathrooms. The front building showcases its historic charm while offering three well-maintained units. Unit one has two beds, one bath. Unit two has three beds, one bath with a private balcony over looking the street. Unit three has two beds, one bath. Each unit provides its own unique appeal, combining comfort and character. Whether you're looking to expand your real estate portfolio or occupy one unit and rent out the rest, this property offers versatility and income-generating potential in one of the area's most desirable neighborhoods.

Listing Status:
Active
Date Added:
April 11, 2025 at 09:32PM
Listing Office:
RE/MAX One : (860) 444-7362
Listing Agent:
Erica Kelly : (860) 861-6064
MLS ID:
24087214
  • Laundry: All Units Have Hook-Ups
  • Basement: Full
  • A/C: Heat PumpWall Unit
  • Heating: Hot AirSteamZonedElectricOil
  • Fireplace: Fireplaces: 0

This listing courtesy of Erica Kelly, RE/MAX One

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dean's Mill Elementary School

35 Deans Mill Rd, Stonington, CT, 06378

Grades KG-5

2.15 miles away

S

Stonington Middle School

204 Mistuxet Ave, Mystic, CT, 06355

Grades 6-8

2.57 miles away

S

Stonington High School

176 S Broad St, Pawcatuck, CT, 06379

Grades 9-12

3.24 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.