44 Williams Avenue
Stonington, CT 06355
$2,550,000 - Mystic
A turn-key investment opportunity in the heart of Mystic. This completely updated multi-unit building blends coastal sophistication with a high-yield asset model, making it a true trophy property for your portfolio. In the LS-5 zone, it is positioned perfectly for an owner occupier on the second floor with rental units for the modern traveler on the first level. Or, use all units as long-term rentals or an Inn. The building features a spectacular, two-story luxury penthouse with a chef's kitchen, premium appliances, 3 bedrooms and 2 full baths, and dual private outdoor decks designed for entertaining. The first floor has three impeccably furnished studio suites expertly designed with dedicated zones for living and sleek, spa-like baths. The property is within short walking distance to the Amtrak station and downtown Mystic's dining, shopping, and historic drawbridge. Strategically located moments from historic Stonington and the Rhode Island border, this asset is easily serviced by trains from NYC, Boston, and Fairfield County-putting a premier vacation market right at your doorstep. Outfitted with comprehensive security, integrated cameras, and smart access, the entire building is fully optimized for a lucrative, contactless rental system, while solar power generation keeps utility overhead exceptionally low. Complete with 10 on-site parking spaces This property delivers maximum convenience, modern efficiency, and cash flow.
| Listing Id: | 24179342 |
|---|---|
| List Price: | $2,550,000 |
| Property Type: | Multi Family |
| Property Sub Type: | 4 Family |
| Status: | Active |
| Bank Owned Property: | No |
| Beds Total: | 6 |
| Baths Full: | 5 |
| Living Area Sqft Per Public Record: | 3,669 |
| Property Tax: | $28,714 |
| Acres: | 0.17 |
| Style: | Units on different Floors,Units are Side-by-Side |
| Direct Waterfront Yn: | No |
| City: | Stonington |
| Neighborhood: | Mystic |
| County: | New London |
| Postal Code: | 06355 |
| Year Built: | 1940 |
| Total Number Of Units: | 4 |
| Acres Source: | Public Records |
| Agent Owner Yn: | No |
| Assessed Value: | $1,346,800 |
| Attic Yn: | No |
| Basement Description: | No |
| Basement Description: | None |
| Baths Total: | 5 |
| Comp Only Manual Yn: | No |
| Cooling System: | Central Air, Split System |
| Current Price: | $2,550,000.00 |
| Directions: | Pull into the back parking lot and park there. |
| Display Fair Market Value Yn: | No |
| Driveway Type: | Paved |
| Elementary School: | Deans Mill |
| Elevation Certificate Yn: | Yes |
| Energy Features: | Active Solar |
| Exterior Siding: | Clapboard, Hardie Board |
| Flood Zone Yn: | Yes |
| Foundation Type: | Concrete |
| Fuel Tank Location: | Above Ground |
| Garage & Parking: | Paved, Off Street Parking, Driveway |
| Heat Fuel Type: | Oil |
| Heat Type: | Hot Air, Zoned |
| High School: | Stonington |
| Home Automation: | Lock(s), Security System, Thermostat(s) |
| Home Owner's Assocation: | No |
| Hot Water Description: | Electric, Domestic, 50 Gallon Tank |
| Laundry Room Info: | Common Laundry Area |
| Laundry Room Location: | Separate Room Accessible from exterior |
| Listing Contract Date: | 2026-05-30 |
| Lot Description: | Corner Lot, City Views, Level Lot |
| Mil Rate Total: | $21.32 |
| Status: | Active |
| New Construction Type: | No/Resale |
| Occupied By: | Tenant |
| Original List Price: | $2,550,000 |
| Parcel Number: | 2075464 |
| Parking Total Spaces: | 10 |
| Possession Availability: | June 30 |
| Potential Short Sale: | No |
| Preferred Phone: | (860) 917-6016 |
| Price: | $2,550,000 |
| Roof Information: | Asphalt Shingle |
| Sewage System: | Public Sewer Connected |
| Sign Yn: | Yes |
| Sq Ft Description: | Total Living Area |
| Sq Ft Est Heated Above Grade: | 3,669 |
| Sq Ft Total: | 3,669 |
| Swimming Pool Yn: | No |
| Tax Year: | July 2026-June 2027 |
| Total Rooms: | 12 |
| Total Rooms Multi Family: | 12 |
| Under Agreement Yn: | No |
| Waterfront Description: | Walk to Water, Water Community |
| Water Source: | Public Water Connected |
| Year Built Source: | Public Records |
| Zoning: | LS-5 |
Listing Courtesy of: Serhant Connecticut, LLC
Listing Agent: Jonathan Shockley
(860) 917-6016
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Smart MLS Inc. data last updated on October 08, 2026 06:45 PM - ET
Property Last Updated: October 08, 2026 06:45 PM - ET