1. Connecticut
  2. Stonington
  3. 77 Mechanic Street
$370,000

77 Mechanic Street, Stonington, CT 06379

  • 3 beds |
  • 2 baths |
  • 1,755 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1880
  • Property Lot Size Icon10,454sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $211/sqft
  • Property List Date Icon Listed 17 days ago

Property Description

Investors! Check out this multi-family property nestled between the seaside charm of Stonington Borough, the mill-village character of Pawcatuck, and a short trip to beaches in Westerly, RI. Comprising 2 units with flexible 1 and 2 bedroom layouts, this property combines steady cash flow with latent upside plus an enviable location that tenants will love. Just moments from the iconic Stonington Lighthouse Museum, Stonington Harbor, and the quaint boutiques, galleries, and cafes along Water Street. The Pawcatuck side provides its own character underscoring the area's rich industrial past. This building offers residents true walkability. Inside, each unit offers separate utilities, ample storage options, and appliances. The building itself is well-maintained and offers an additional selling feature with a detached covered garage. From here, commuter connections are seamless being just minutes from I-95. The area's increasing attractiveness gives this asset unique appeal in a competitive market. Offering a stable, cash-flowing platform with clear paths for rental growth and amenity enhancements, this property is more than a building - it's a lifestyle investment. For those who value location, walkability, and character, this is an opportunity that checks every box. Schedule a private showing and explore how this property can anchor your next portfolio move.

Listing Status:
Active
Date Added:
October 2, 2025 at 04:17AM
Listing Office:
Century 21 North East : (800) 844-7653
Listing Agent:
Ashley Baillargeon : (401) 369-5714
MLS ID:
24130213
  • Laundry: All Units Have Hook-UpsBasement Hook-Up(s)Common Laundry Area
  • Basement: FullUnfinishedShared BasementSump PumpStorageHatchway AccessConcrete Floor
  • A/C: None
  • Heating: BaseboardElectricOil
  • Fireplace: Fireplaces: 0
  • Style: Units on different Floors
  • Parking: Parking spaces: 4
  • Roofing: Asphalt Shingle
  • County: New London
  • Zoning: PV-52075713
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected

This listing courtesy of Ashley Baillargeon, Century 21 North East

Monthly Payment

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

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Location

Schools Nearby

W

West Vine Street Elementary School

21 W Vine St, Pawcatuck, CT, 06379

Grades KG-5

0.99 miles away

S

Stonington Middle School

204 Mistuxet Ave, Mystic, CT, 06355

Grades 6-8

5.81 miles away

S

Stonington High School

176 S Broad St, Pawcatuck, CT, 06379

Grades 9-12

1.44 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.