Well-Maintained Four-Unit Residential
For Sale
$1,495,000
Pending
19 Pearl Street, Groton, CT 06340
Four well-maintained units with private parking and covered porches, including legally approved Airbnb configurations.
Property Size3,791 SF
Days on Market55
Property Features for 19 Pearl Street
General Information
Standard status
Pending
Size
3,791 SF
Property subtype
4 Family
Occupancy
100%
Additional Details
Multifamily Units
4
Building Details
Year Built
1844
Listing Agency:
William Pitt Sotheby's Int'l
(860) 912-9903
Listed By:
Judith Caracausa · License #REB.0788601
(860) 912-9903
Source:
Lockandkeyre
Added: Jul 9
Changed: Aug 24
Last Checked: Jul 25 at 4:40AM
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.
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
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
Explore this area
Business Placement
Demographics for 06340, CT
29,788
Population
14,441
Households
2.1
Avg Household Size
35
Median Age
38%
College-Educated
93%
High-School Grad
22.5 sq mi
ZIP Area
1,324
Density / Sq Mi
$77,768
Median Household Income
$45,308
Median Earnings
$1,492
Median Rent
$275,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
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
