1 Pearl Street, MysticGroton, CT 06340MLS Number 170343803

Price: $1,300,000The price has recently decreased
Est. Mortgage of $/month

Price	Down Payment	Interest Rate	Years
		%

Est. Mortgage: $/month

Federal 30-year interest rate: 2.81% last updated on 2020-10-29

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

Rare Offering - First time offered for sale since 1923. Prime .28 Acre Commercial Parcel in the WDD Zone in Historic Downtown Mystic. Waterfront Design District Zoning. Used as a parking lot since 1964. In addition, this property includes an income producing 2 family home. First and Second Floor Offer Two Bedroom Units. Ideal long term or short term VRBO rental property. Many Uses in the Waterfront Design District Zone. Truly in the Heart of Historic Downtown Mystic. Adjacent to mixed use commercial property and across from The Harp and Hound Irish Pub. Just steps from the Basquile Bridge! Assessor's Card indicates a one bedroom unit and a two bedroom unit. (See attachments for more information) Please follow all COVID guidelines during showing. A live virtual tour may also be requested.

More Info

Basic Information

StatusACT
List Price$1,300,000
Square Feet1,988
HoaNo
Lease purchaseNo
Units2
Property subtype2 Family
Property TypeMulti-Family For Sale
Acreage0.28
MLS Number170343803

Interior

Rooms total multifamily8
RoofAsphalt Shingle

Exterior

Exterior featuresSidewalk
Exterior sidingWood

Utilities

Water sourcePublic Water Connected
Cooling SystemNone
Hot water descriptionDomestic
Heating FuelElectric
Fuel tank locationNon Applicable
Heat SystemBaseboard
Septic approvalNo
Septic plan availableNo
Sewage systemPublic Sewer Connected

Tax Information

Milrate base25
Milrate tax district2
Milrate total27.94
Taxes$5,337
Tax YearJuly 2020-June 2021
Assessed value$191,030

Building

Bedrooms4
Bathroom3
Year Built1826
Garage Spaces
Property StyleOther
FoundationStone
Garage Parking InfoParking Lot
New construction typeNo/Resale
AtticNo
BasementFull
Full Bath3

Amenities

Amenities
- Health Club
- Library
- Medical Facilities
- Park
- Playground/Tot Lot
- Private School(s)
- Shopping/Mall

Legal

ZoningWDD
Home warranty offeredNo
Short SaleNo

School Information

Elementary SchoolS. B. Butler
High SchoolFitch Senior

Location

StateCT
Zip06340
CountyNew London
NeighborhoodMystic
Middle Junior High SchoolCutler

Property

Lot DescriptionCity Views, Level Lot
Driveway TypeAsphalt
Parking spaces per 1000sqft
Parking spaces uncovered
Parking Spaces
Parking spaces covered
FloodzoneYes
SwimmingpoolNo
Building ConstructionFrame

Water Body

Waterfront DescriptionWalk to Water

Auction

Bank owned propertyNo

Other

Radon mitigation airNo
Radon mitigation waterNo
Space is leasedNo
View Count54

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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