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Well-Maintained Four-Unit Residential Income

19 Pearl Street Groton, CT 06340

19 Pearl Street, Groton, CT, 06340
$1,495,000
For Sale
$1,495,000

Four well-maintained units with private parking and covered porches, including legally approved Airbnb configurations.

Property Size3,791 SF
Price / SF$394.36
Days on Market9

Property Features for 19 Pearl Street

General Information

Standard status
Active
Size
3,791 SF
Property subtype
4 Family

Building Details

Year Built
1844
Listing Agency William Pitt Sotheby's Int'l
Listed by Judith Caracausa · License #REB.0788601
Source Iverty
Added: Jul 9 Checked: Jul 17 at 2:18 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of William Pitt Sotheby's Int'l


Investment Insights

Based on property information with market context.

Well-maintained four-family property featuring three one-bedroom, one-bath apartments and a second-floor residence with three bedrooms and 2.5 baths. The home includes two covered porches and valuable off-street/private parking, with two legally approved Airbnb units (Town of Groton). The property is reported as 100% occupied with a one-year lease in place. Shared laundry is available in the basement.

Located at 19 Pearl Street in Groton, in historic downtown Mystic, the property is described as being just steps from downtown shops and acclaimed restaurants, as well as the Bascule Bridge and year-round waterfront activities such as sailing and kayaking.

Key Highlights

  • Built in 1844, historic downtown Mystic 4‑family property with well‑maintained units
  • Includes 2 legally approved Airbnb units (Town of Groton) with private parking
  • 100% occupied with one‑year lease in place

Property Analytics

Location Intelligence

Current Use by Public Records

Zest Noank Cafe & Coffee Shop United States Postal ... Post Office Spencer & Lynn Wine ... (Bike/Boat/Book/etc) Store

Suggested Use

Auto Repair Shop HVAC Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Carpet & Flooring Store Daycare Center Plumbing Service Tech Support Center Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four well-maintained units with private parking and covered porches, including legally approved Airbnb configurations.
Where is this quadplex located?
The property is located at 19 Pearl Street Groton, CT.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Built in 1844, historic downtown Mystic 4‑family property with well‑maintained units; Includes 2 legally approved Airbnb units (Town of Groton) with private parking; 100% occupied with one‑year lease in place
Contact an agent
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