$1,595,000

19 Pearl Street, Groton, CT 06355

  • 6 beds |
  • 6 baths |
  • 3,791 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1844
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $421/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Historic Downtown Mystic Well Maintained 4 Family Home. This exceptional income-producing property featuring 2 legally approved Airbnb units (town of Groton) with private parking-offering generous revenue potential. 100 percent Occupied with one year lease. This special property features two covered porches and valuable off-street parking, just steps from Mystic's renowned shops, acclaimed restaurants, the iconic Bascule Bridge, sailing, kayaking, and year-round waterfront activities. The building offers three one-bedroom, one-bath apartments plus a second floor spacious three-bedroom, 2.5-bath residence, ideal for owner occupancy, long-term rental, or continued short-term use. A proven and lucrative Annual and VRBO rental history enhances its investment appeal. An outstanding opportunity in one of Connecticut's most sought-after coastal destinations-perfect for investors, second-home buyers, or those seeking to live in downtown Mystic while generating income. Very well maintained. Shared Laundry in Basement. Excellent Location and Value!

Listing Status:
Active
Date Added:
January 22, 2026
Data Last Updated:
May 13, 2026 at 12:52AM
Listing Office:
William Pitt Sotheby's Int'l : (860) 536-5900
Listing Agent:
Judith Caracausa : (860) 912-9903
MLS ID:
24150377
  • Laundry: Coin Op LaundryCommon Laundry Area
  • Basement: FullUnfinishedFull With Walk-Out
  • A/C: Wall Unit
  • Heating: BaseboardHot WaterOil
  • Fireplace: Fireplaces: 0
  • General: Sidewalk
  • Style: Other
  • Parking: Parking spaces: 5
  • Roofing: Asphalt Shingle
  • County: New London
  • Driveway: PrivateCrushed Stone
  • Zoning: R-71960769
  • Water: Public Water Connected
  • Sewer: Public Sewer Connected
  • Exclusions: WasherDryer and Dishwasher in Unit 2. These appliances belong to the Tenant.

This listing courtesy of Judith Caracausa , William Pitt Sotheby's Int'l

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location