Under Contract

1 Palmer Street

Stonington, CT 06379

$550,000 $2,318/Mo

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Overview

Bed

Bath

1,596

Sqft

0.15

Acre(Lot)

Description

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.

Property Details

Property Type : Residential Income

Price : $550,000

AD Id : 76735302

MLS Id : 24164343

Beds : 5

Lot Size : 0.15 Acre

Living Area Size : 1,596

Year Built : 1900

County : New London

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 5

Bathroom Information

Total Baths: 2 Full Baths: 2

Room Information

Rooms Total: 9 Has Basement: Yes Basement: Full
Roofing Information

Asphalt
Interior Features

Roof: Asphalt
Heating & Cooling

Has Heating: Yes Heating: Natural Gas, Baseboard Has Cooling: Yes Cooling: Window Unit(s)

Building Information

Year Built: 1900 Building Area Total: 1596 Construction Materials: Frame, Other Private Pool: No

Lot Information

Lot Size Acres: 0.15

Listing Price Information

Listing Price: $550000

Tax Information

Parcel Number: 999999999 Annual Tax: $3159

School Information

Elementary School: Per Board of Ed

Junior High School:

Senior High School: Per Board of Ed
Location Information

Direction: Per GPS WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
28 Moss Street, Stonington, CT, 06379	$495,000	5	3	2,390	2,390 SqFt
13 Moss Street, Stonington, CT, 06379	$495,000	4	2	1,726	1,726 SqFt

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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

ByOwner last updated this listing 06/16/2026 @ 06:50

MLS: 24164343 LISTED BY: Shay Vaezzadeh, Oxford Realty SOURCE: SmartMLS