multifamily
4,962 SF Other
9 School (4 and 6 School Place)(Mystic) Street
Stonington, Connecticut 06355
Price
$3,700,000
Price/SF
$745.67/SF
Building Size
4,962 SF
Lot Size
0.31 acres
Year Built
1910
Units
6
Property Description
Exceptional opportunity to acquire a thriving six-unit short-term rental portfolio in the heart of Mystic, Ct. Offered as three well-maintained buildings with six guest accommodations, this turnkey hospitality operation provides immediate income in one of New England's most desirable coastal destinations. Located within walking distance of Historic Downtown Mystic, the portfolio benefits from strong year-round demand driven by waterfront attractions, acclaimed restaurants, boutique shopping, marinas, entertainment venues, and a vibrant tourism economy. Guests enjoy convenient access to Mystic's most popular destinations, helping drive occupancy and repeat visitation. The portfolio includes six thoughtfully appointed accommodations across three separate buildings, creating multiple revenue streams and operational flexibility. The properties have been carefully maintained and are positioned for continued success under new ownership. Unlike traditional multifamily investments, this offering represents an established lodging business with immediate cash flow and future growth potential. The combination of location, scale, and guest appeal creates a rare opportunity to acquire a hospitality asset in one of Connecticut's premier tourism markets. Whether expanding an existing portfolio or entering the short-term rental industry, this unique Mystic offering delivers proven income, operational flexibility, and long-term value. Financial and operational information availabl
Additional Details
Zoning
RH-10
MLS Number
24175981
Property ID
b923f695-21b5-41e7-a33b-b9db5a374ff9
MLS Information
MLS#: 24175981
Listed by: William Pitt Sotheby's Int'l
Agent: Melissa Guerrero • (860) 970-8274 • Mguerrero@wpsir.com
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