7 Liberty Street, Stonington, CT 06379

$750,000
4,968
SqFt
Sold Price
$750,000
List Price
$999,999
Status
CLOSED
MLS#
170385712
Closing Date
Nov 14, 2022
Year Built
1880
Levels
3
Acres
0.20
Living Area
4,968

Property Description

The perfect investment package! 2 multi-family properties with 5 rental units and a package store business. Newly renovated 3 bedroom apartment at building #7 and a new roof for building #15. Hamms Wine Cellar has been in business for over 25 years. Strategically located in the busy corner of Route 1 and Route 2 (22k traffic count daily), it’s the only package store in semi-rural Pawcatuck-Westerly downtown. This liquor store business offers easy cash flow to an owner-operator or to an absentee owner. Potential for over $50k annual rental income. The Buyer must apply for a liquor license and tobacco sales permit. Inventory not included.

Additional Information

Taxes
$7,949
Lot Size
8,712
Interior Features
Living Space Available, Security System
Flooring
Tile, Wood
Heating
Baseboard, Hot Air, Space Heater
Fuel Type
Electric, Natural Gas
Cooling System Type
Central Air, Window Unit, Zoned
Sewer
Public Sewer Connected
Water Source
Public Water Connected
Exterior Features
Gutters, Outside Storage Area, Sidewalk, Storage Building

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Cristina Ballelli from William Raveis Real Estate

Listing courtesy of Cristina Ballelli from William Raveis Real Estate

The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 SmartMLS, Inc.