Historic Mystic Four-Family
19 Pearl St Groton, CT 06355
For Sale
$1,595,000
Well-maintained four-family home in downtown Mystic with income potential.
Days on Market95
Property Features for 19 Pearl St
General Information
Standard status
Active
Property subtype
Multi Family
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:
Elliman
Added: Apr 27
Changed: Jul 10
Last Checked: Jul 10 at 1:11AM
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.
This well-maintained four-family home is located in historic downtown Mystic. The property is 100 percent occupied with one-year leases. It features two legally approved Airbnb units (town of Groton) with private parking, offering revenue potential. The building includes three one-bedroom, one-bath apartments, plus a second-floor three-bedroom, 2.5-bath residence. This residence is suitable for owner occupancy, long-term rental, or continued short-term use. The property has a proven annual and VRBO rental history. Additional features include two covered porches and off-street parking. The property is located steps from Mystic's shops, restaurants, the Bascule Bridge, and waterfront activities. Shared laundry is available in the basement. The bike score is 47, indicating it is somewhat bikeable, and the walk score is 52, indicating it is somewhat walkable. This property is suitable for investors, second-home buyers, or those seeking to live in downtown Mystic while generating income.
Key Highlights
- Income‑producing 4‑family home with 2 legally approved Airbnb units.
- Prime downtown Mystic location, steps from shops, restaurants, and waterfront activities.
- 100% Occupied with one year lease.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Quadplex - Well-maintained four-family home in downtown Mystic with income potential.
Where is this quadplex located?
The property is located at 19 Pearl St Groton, CT.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Income‑producing 4‑family home with 2 legally approved Airbnb units.; Prime downtown Mystic location, steps from shops, restaurants, and waterfront activities.; 100% Occupied with one year lease.
