12,145 SF 5 Family+

multifamily

12,145 SF 5 Family+

117 Water Street
Stonington, Connecticut 06378

Price

$4,250,000

Price/SF

$349.94/SF

Building Size

12,145 SF

Lot Size

0.12 acres

Year Built

1850

Units

11

Property Description

Ocean House is an eleven unit, mixed use, historic property, comprised of seven residential suites and four commercial suites. The cornerstone of Stonington Borough's commercial Village District, each of the occupied, renovated residential suites features a fully applianced kitchen with dishwasher and a private laundry. Each of the four commercial spaces offer off-the-sidewalk entry and glass bay storefronts. Upside included unfinished, walk up attic with panoramic tri-state water views, and a garage and driveway, presently used by the landlord but in high demand as a rental. Excellent cap at 7.21. Stonington Borough is a quaint peninsula of colonial and Victorian homes on cobblestone and slate sidewalks, magnificent views of Long Island Sound and Napatree Point. Walk, shop, boat, swim, play outside your front door. Owner financing considered.

Additional Details

Zoning

PC

MLS Number

24148701

Property ID

a6182b4f-d9fd-456c-9157-4ccb7ff087d8

MLS Information

MLS#: 24148701

Listed by: Lori Hopkins-Cavanagh Broker

Agent: Lori Hopkins-Cavanagh • (860) 449-2007 • realty@shoreviews.com

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