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3 Pearl Street

Groton, CT 06355
  • $2,195,000
  • STATUS: Active Under Contract
  • ON SITE: 187 Days
  • MLS #: 170418201
Under Contract
UPDATED: 33 min ago
$2,195,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,284
    SQFT
  • $415
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1843
County:
Area:

School Ratings & Info

Description

Prime Commercial property located in the heart of downtown Mystic comprised of 2 storefronts and 7 residential units. Amazing opportunity to purchase turnkey investment with gross rental income of $174,000 and the ability to increase to over $225,000. Fully occupied, off street parking and capital improvements to include: heating, roofs, air conditioning paint and driveways. Please reach out for a detailed marketing packet to include all financials..

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The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-01-16T22:09:42.007.
www.realtyonegroupconnect.com/homes/119236782
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3 Pearl Street Groton, CT 06355

  • Price: $2,195,000
  • Status: Active Under Contract
  • On Site: 187 Days
  • Updated: 33 min ago
  • MLS #: 170418201
0
Beds
0
Baths
0
½ Baths
0.2
Acres
5,284
SQFT
$415
$/SQFT
1843
Built
Neighborhood:
Mystic
County:
New London
Area:
Groton
Property Description
Prime Commercial property located in the heart of downtown Mystic comprised of 2 storefronts and 7 residential units. Amazing opportunity to purchase turnkey investment with gross rental income of $174,000 and the ability to increase to over $225,000. Fully occupied, off street parking and capital improvements to include: heating, roofs, air conditioning paint and driveways. Please reach out for a detailed marketing packet to include all financials..
Exterior Features

Construction Description FrameBrick Exterior Features GuttersLighting Foundation Type ConcreteMasonry Lot Description Sloping Lot Parking Spaces Uncovered 5 Parking Total Spaces 5 Road Frontage Description Paved Road Roof Information Asphalt ShingleEpdm Synthetic Rubber

Interior Features

Cooling System Wall UnitWindow Unit Flooring ConcreteVinylWood Heat Type Baseboard Restrooms Number Of 9

Property Features

ADACompliant YN No Bank Owned Property Yn No Commercial Category InvestmentResidential IncomeRetail Documents Available BrochureLead Disclosure Electic Amperage 200 Electic Volts 200 Flood Zone Yn Yes Garage Parking Info Driveway Heat Fuel Type ElectricPropane Location DowntownHistoric Area Possession Availability Immediate Potential Short Sale Yn No Present Use 2 Storefronts And 7 Apartments Property Tax 16548 Sewage System Public Sewer Connected Sign Yn Yes Subdividable Ynu Yes Tenants Number Of 5 Utilities Available ElectricPhone AvailableCable Available Water Source Public Water Connected Zoning Mdd

Listing information © 2022 Smart MLS
Listing provided courtesy of Jon Arruda of William Pitt Sotheby's Int'l.


The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2022 SmartMLS, Inc. Data last updated: 2022-01-16T22:09:42.007.
 
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