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8 High Street, MysticGroton, CT 06355MLS Number 170284747

  • Price: $1,450,000The price has recently decreased
  • Est. Mortgage of $/month
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Price Down Payment Interest Rate Years
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Est. Mortgage: $/month

Federal 30-year interest rate: 3.07% last updated on 2020-07-02

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

Listed by Judith Caracausa of Market Realty, LLC
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  • $1,450,000List Price
  • 8Bedrooms
  • 4Bathrooms
  • 0.26Acreage

Dramatic Transformation. Beautifully Renovated 2020 - 4 Unit Investment Property with Water Views! Premier Location in Historic Downtown Mystic. Just steps to Deep Water Marinas, Fine Restaurants including Captain Daniel Packer Inn, SIFT Bakery, Train Station, and Unique Shops. 4 Family on lovely corner lot. Separate Electric to all Units. Separate New Electric Heat Pumps to all units. Ideal VRBO, Owner-Occupied Investment Property, Vacation Home or Income Producing Investment. Live in one unit and rent out 3! NEW electric, NEW Custom Kitchens, NEW Marble Clad Bathrooms, NEW Flooring, NEW Paint, NEW Mechanicals, NEW Heating and Cooling and so much more. This amazing property is sold furnished "Pottery Barn Style". Turn-Key Investment Opportunity. No Down-Time - Just collect rents!! Estimated date of completion is July 17, 2020. Please follow all COVID guidelines during showing. A live virtual tour may also be requested.

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More Info

Basic Information

  • StatusACT
  • List Price$1,450,000
  • Square Feet2,954
  • Virtual TourView Tour
  • HoaNo
  • Lease purchaseNo
  • Units4
  • Property subtype4 Family
  • Property TypeMulti-Family For Sale
  • Acreage0.26
  • MLS Number170284747

Interior

  • Rooms total multifamily16
  • RoofAsphalt Shingle

Exterior

  • Exterior featuresPorch, Sidewalk
  • Exterior sidingShingle, Wood

Utilities

  • Water sourcePublic Water Connected
  • Cooling SystemCentral Air
  • Hot water descriptionElectric
  • Heating FuelElectric
  • Fuel tank locationNon Applicable
  • Heat SystemHeat Pump
  • Septic approvalNo
  • Septic plan availableNo
  • Sewage systemPublic Sewer Connected

Tax Information

  • Milrate base24
  • Milrate tax district2
  • Milrate total26.73
  • Taxes$9,026
  • Tax YearJuly 2019-June 2020
  • Tax district amount769
  • Assessed value$337,680

Building

  • Bedrooms8
  • Bathroom4
  • Year Built1844
  • Garage Spaces1
  • Property StyleOther
  • FoundationBrick, Concrete
  • Garage Parking InfoDetached Garage
  • New construction typeNo
  • AtticYes
  • Attic descriptionWalk-up
  • BasementUnfinished, Dirt Floor, Walk-out
  • Full Bath4

Amenities

  • AmenitiesLibrary, Park, Private Rec Facilities, Shopping/Mall

School Information

  • Elementary SchoolS. B. Butler
  • High SchoolFitch Senior

Location

  • StateCT
  • Zip06355
  • CountyNew London
  • NeighborhoodMystic
  • SubdivisionFORT RACHAEL
  • Junior HighPer Board of Ed
  • Middle Junior High SchoolCutler

Property

  • Lot DescriptionWater View, Corner Lot, Level Lot
  • Driveway TypeCrushed Stone
  • Parking spaces per 1000sqft
  • Parking spaces uncovered
  • Parking Spaces
  • Parking spaces covered
  • FloodzoneNo
  • SwimmingpoolNo
  • Building ConstructionFrame

Water Body

  • Waterfront DescriptionView, Walk to Water

Auction

  • Bank owned propertyNo

Other

  • Radon mitigation airUnknown
  • Radon mitigation waterUnknown
  • Space is leasedNo
  • View Count34

Information contained in this Smart MLS listing has been compiled from various sources, all of which may not be completely accurate. Smart MLS makes no warranty or representation as to the accuracy of listing information. All information that influences a decision to purchase a listed property should be independently verified by the purchaser. Copyright 2017 Smart MLS, Inc. All rights reserved.

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