1 Palmer St, Stonington, CT 06379

$515,000
5
BD
2
BA
1,596
SqFt

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Sold Price
$515,000
List Price
$550,000
Status
CLOSED
MLS#
24164343
Closing Date
Jun 22, 2026
Year Built
1900
Bedrooms
5
Bathrooms
2
Acres
0.15
Living Area
1,596
Neighborhood
Pawcatuck

Property 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.

Additional Information

Taxes
$3,159
Lot Size
6,534
Heating
Baseboard
Cooling System Type
Window/Wall
Water Source
Public
Basement
Full
Elementary School
Per Board of Ed
High School
Per Board of Ed

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Calculator source: Real Geeks

Listing courtesy of Shay Hugo Vaezzadeh from Oxford Realty. (225) 288-4109 (203) 314-4219

Selling Office: RE/MAX One.

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