$3,700,000 ($745.67 per sqft)

Est. Mortgage $17,985/mo *

Quick Pre-Approval

Listing courtesy of Melissa Guerrero (860) 970-8274, William Pitt Sotheby's Int'l (860) 777-1800


9 School (4 and 6 School Place)(Mystic) Street, Stonington, (Mystic), CT, 06355

9 School (4 and 6 School Place)(Mystic) Street, Stonington, (Mystic), CT, 06355

20 rooms

12 beds

5 Full baths

1910

Units on different Floors

4,962 sqft

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


Status:

Active

Town:

Stonington

Type:

Multi-family

Laundry Remarks:

All Units Have Hook-Ups,Washer/Dryer All Units

Units:

6

Zoning:

RH-10

Subdivision:

School Place Properties

Garage:

Paved, Off Street Parking, Driveway

Heating:

Hot Air

Cooling:

Central Air

Basement:

Crawl Space, Full, Full With Hatchway

Parking:

6-car

Acreage:

0.31

Est. Taxes:

$17,662

Assessment

$884,000

Lot Description:

N/A

Elementary School:

Per Board of Ed

High School:

Per Board of Ed

Days on Market:

59

MLS #:

24175981


Community Info

School Info

Walk Score

Mass Transit

Yelp


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