NOMADEReal Estate

$550,000

Under Contract - Continue to Show

1 Palmer Street

Stonington, Connecticut, 06379 · New London County

5

Beds

2

Baths

1,596

Sq Ft

1900

Built

MLS # 24164343

Price / Sq Ft

$345

Property Type

Multi-Family For Sale

Lot Size

0.15

Class

Property

About This Property

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.

Property Details

1 Palmer Street, Stonington Connecticut 06379 — Multi-Family For Sale listed at $550,000.

At a Glance

5

Bedrooms

2

Bathrooms

1,596

Sq Ft

0.15

Lot Size

--

Garage

1900

Year Built

The Details

Property TypeMulti-Family For Sale
NeighborhoodNew London
Address1 Palmer Street
MLS Number24164343
Year Built1900
Square Footage1,596
Lot Size0.15
Bedrooms5
Bathrooms2
Water SourcePublic Water Connected

Property Details

Financial

Assessed Value158900
Mil Rate Total23.66
Property Tax3159
Tax YearJuly 2025-June 2026

Property Features

Basement DescriptionFull
Cooling SystemWindow Unit
Exterior SidingOther
Foundation TypeConcrete
Heat Fuel TypeNatural Gas
Heat TypeBaseboard
Hot Water DescriptionOther
Roof InformationAsphalt Shingle

Other Details

ColorGrey
Parcel Number999999999
ZoningPer Town

All Photos (31)

Affordability Calculator

$550,000

Down Payment$110,000
Loan Amount$440,000
Principal & Interest$2,781/mo
Property Tax$550/mo
Insurance$100/mo
Est. Monthly$3,431/mo

Listing Agent

S

Shay Hugo Vaezzadeh

Oxford Realty

Contact Shay Hugo Vaezzadeh

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Quick Facts

StatusUnder Contract - Continue to Show
TypeMulti-Family For Sale
ClassProperty
MLS #24164343
Last Updated2026-04-30
1 Palmer Street — $550,000 (5 beds · 2 baths · 1,596 sqft) | Nomade Real Estate