27 Moss St, Pawcatuck, CT 06379

6 Unit Apartment Building | $1,000,000 ($166,667/Unit) | 7.79% Cap Rate | Pawcatuck, CT 06379

Asking Price $1,000,000

Property Type: Multifamily
Square Feet: 6,032 SF

Listing Contacts

Property Info

Property Overview

Opportunity Knocks: Don't miss out on this lucrative investment! Whether you're a seasoned investor or a first-time buyer, this 6-unit property in Pawcatuck promises both stability and growth potential. Investment Highlights: * Strong Cap Rate: At 7.794%, this property offers an attractive return on investment. * Steady Demand: Pawcatuck's growing economy ensures consistent tenant demand. * Historic Charm: The property's character and location appeal to renters seeking authenticity. Key Features: 1. Prime Location: Situated in the charming village of Pawcatuck in the town of Stonington, this property enjoys proximity to Westerly, Rhode Island, and historic commercial ties. 2. Industrial Base: Retaining its industrial heritage, the neighborhood hosts companies like Davis-Standard, Cottrell Brewery, and Hi-Tech Profiles. 3. Sport Fishing Hub: Marinas support an active sport fishing industry, attracting enthusiasts year-round. 4. Retail and Arts Scene: Pottery and jewelry studios add to the vibrant local arts community. Property Overview: * Unit Count: 6 * Price: $1,000,000.

Property Details

Class: C
Year Built/Renovated: 1902/1983
Stories: 3
Property Subtype: Dormitory
Lot Size (sq. ft): 10,019 SF
Units: 6

Highlights

Convenient neighborhood location to both Pawcatuck, CT and Westerly, RI
Most units remodeled in the last 2 years
Demand for housing in this area, rents units before they can be cosmetically refurbished

Nearby Properties

$1,000,000

6 Unit Apartment Building | $1,000,000 ($166,667/Unit) | 7.79% Cap Rate | Pawcatuck, CT 06379

27 Moss St
Pawcatuck, CT 06379

View Details
$2,375,000

82 Mechanic St Bldgs 7+8+8A+9

4 Industrial Properties Offered at $2,375,000 in Pawcatuck, CT

82 Mechanic St
Pawcatuck, CT 06379

View Details
$1,200,000

0.5 Acres of Commercial Land Offered at $1,200,000 USD in Westerly, RI 02891

170-172 Main St
Westerly, RI 02891

View Details
$1,200,000

2 Acres of Commercial Land Offered at $1,200,000 USD in Stonington, CT 06379

27 Broad St
Stonington, CT 06379

View Details
$2,295,000

9,300 SF | 100% Leased | Retail Building | Westerly, RI 02891 | $2,295,000 ($247/SF)

157 Granite St
Westerly, RI 02891

View Details
1,957 SF Office Condo Unit in Westerly, RI 02891

35 Wells St
Westerly, RI 02891

View Details
$1,700,000

MARTIN AND SONS AUTO SALVAGE

3,270 SF | Industrial Building | Westerly, RI 02891 | $1,700,000 ($520/SF)

48 Mayer St
Westerly, RI 02891

View Details

Similar Properties

$1,000,000

1.28 Acres of Commercial Land Offered at $1,000,000 USD in Ashland City, TN 37015

101 Elizabeth St
Ashland City, TN 37015

View Details
$1,000,000

5900 Mobile Highway

7.9 Acres of Commercial Land Offered at $1,000,000 USD in Pensacola, FL 32526

5900 Mobile Hwy
Pensacola, FL 32526

View Details
$1,000,000

Neighborhood Gas Station

2,428 SF | Retail Building | Albion, MI 49224 | $1,000,000 ($412/SF)

1355 Eaton St
Albion, MI 49224

View Details
$1,000,000

Boutique Estate Farm & Winery

2,183 SF | Vacant | Retail Building | Columbia, CT 06237 | $1,000,000 ($458/SF)

468 Route 87
Columbia, CT 06237

View Details
$1,000,000

4 Acres of Commercial Land Offered at $1,000,000 USD in Vernon, NJ 07462

66 Vernon Crossing Rd
Vernon, NJ 07462

View Details
$1,000,000

4,000 SF | 100% Leased | Retail Building | Fortescue, NJ 08321 | $1,000,000 ($250/SF)

102 Delaware Ave
Fortescue, NJ 08321

View Details
$1,000,000

Redevelopment Opportunity

2 Acres of Commercial Land Offered at $1,000,000 USD in Greenville, SC 29607

161 Verdin Rd
Greenville, SC 29607

View Details

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?: Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?: Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker: We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?: Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?: At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].