Property Back to Results Property

1 Palmer St, Stonington, CT 06379

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

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

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

Refine Search

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.

Search All Properties

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