44 Williams Ave - Storefront Retail/Residential FOR SALE


Mystic, CT 06355
$2,495,000 USD
860-912-9903
44 Williams Ave, Mystic, CT for Sale
$2,495,000 USD
Storefront Retail/Residential - FOR SALE
1/89
null | Request Cap Rate

Jan '25


44 Williams Ave
Mystic, CT 06355


HIGHLIGHTS

  • PRIME LOCATION-Within walking distance to Historic Downtown Mystic and it's restaurants, shops, deep water marinas and Amtrack Train Station.
  • SOPHISTCATED UNITS - Three studios and a two-level, 3 bedroom upper penthouse unit.
  • PRIVATE 10 SPACE PARKING LOT

OVERVIEW

Upstairs apartment is currently occupied but can be vacated upon sale of the property. Four Like New Mint-Move in Condition Rental Units. First Floor offers 3, 1Br/1Ba Efficiency Units and Second Floor offers a beautiful Furnished 3 Bedroom, 2 Bath Unit with all high end furnishings and fixtures. Highly desirable 10 Car Private Parking Lot in rear of property. 3,577 Square Feet nestled on .17 Acres. This amazing property is Serviced by Municipal Water and Sewer, each unit has a propane heating/cooling system. This property is located in the LS-5 Commercial Zone and steps to Downtown Mystic, Deep Water Marinas, Fine Dining and Mystic Train Station. Live upstairs as a primary or vacation home and rent the 3 units below, or, Rent all units short term or long term - Many uses. Excellent income potential, location, condition and parking. All high end furnishings and fixtures in the 3BR/2BA unit on second floor including a Wolf Stove and Sub Zero Refrigerator. Live a Dream in Beautiful Mystic, CT! Excellent Location and Investment. Upstairs Apartment has it's own Laundry Room. The 3 Bottom units share a common laundry outside of property. Second Floor 3BR unit is fully furnished. 3 First Floor units are not furnished. Efficiency units square footage is approximate. UPSTAIRS 3BR/2BA UNIT IS FULLY FURNISHED AND FURNISHINGS TRANSFER WITH THE SALE. 3 EFFICIENCY UNITS ON THE FIRST FLOOR ARE NOT FURNISHED. 3BR SECOND FLOOR UNIT HAS IT'S OWN LAUNDRY AND THE 3 EFFICIENCY UNITS ARE NOT FURNISHED.

FOR SALE DETAILS

PRICE

$2,495,000 USD

PRICE/SF

$698 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

BOUTIQUE MICRO HOTEL/VRBO INCOME PROPERTY

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

undefined, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

LS-5

APN/PARCEL ID

STON-000161-000017-000009

ASK ABOUT THIS PROPERTY

Judi CaracausaWilliam Pitt Sotheby's International RealtyMore Info
860-912-9903

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Judi CaracausaWilliam Pitt Sotheby's International RealtyMore Info
860-912-9903

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.