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For Sale

1 Palmer Street

1 Palmer Street, Stonington, CT 06379

$550,000

Fully renovated 2-family in a prime Pawcatuck/Stonington location-perfect for both investors and owner-occupants. Each unit offers updated finishes, modern flooring, and a clean, move-in-ready feel throughout. The property has been thoughtfully improved, making it a low-maintenance asset with strong rental potential. Ideal setup for house hacking-live in one unit and offset your mortgage with rental income, or add a turnkey multi-family to your portfolio. Conveniently located near downtown Westerly, shopping, restaurants, and major routes, offering easy access to both Connecticut and Rhode Island amenities. Strong upside with market rents and minimal immediate capital needed. A rare opportunity to secure a renovated multi-family in a desirable shoreline market.

5
beds

2
baths

1,596 Sq.Ft. LIVING AREA

6,534 Sq.Ft. lot

Features & Amenities

Interior

total bedrooms5
Total bathrooms2
full bathrooms2

Area & Lot

Status For Sale
Living Area1,596 Sq.Ft.
Total Area1,596 Sq.Ft.
Lot Area6,534 Sq.Ft.
MLS® ID24164343
TypeMulti-Family
YEAR BUILT1900
Architecture StylesUnits are Side-by-Side
Elementary SchoolPer Board of Ed
High SchoolPer Board of Ed

Exterior

water SourcePublic
roofAsphalt
HEAT TYPENatural Gas, Baseboard
AIR CONDITIONINGWindow Unit(s)
sewerPublic Sewer
SubstructureConcrete Perimeter

Financial

Sales Price$550,000
Real Estate Tax $3,159/yr
Zoning Per Town

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