$450,000

About This Property

Located just moments from downtown Mystic, 14 Coburn Avenue offers a rare opportunity in one of the shoreline's most desirable locations. Set on a 0.34-acre lot with public water and sewer, the property provides strong fundamentals and excellent potential. Situated in the RA-20 zone, single-family use is permitted by right, offering a clear path for renovation and long-term ownership in an established neighborhood. The home is being sold as-is and will require updating. Due to its condition, traditional financing will not qualify, making this ideal for cash buyers, investors, or renovation financing. The property features oil heat, central air, and multiple oil tanks, and is well-built with a solid footprint. The home is currently without appliances and presents an opportunity for customization, with potential to reconfigure the layout and possibly finish the attic, subject to due diligence. Located in a FEMA-designated flood zone. A pre-listing inspection is available. Close to Mystic's shops, restaurants, marinas, and major employers - a compelling value-add opportunity in a prime location.