77 Mechanic St

$370,000
Price
3
Beds
1,755 Sq. Ft.
$211 / Sq. Ft.
1,755
Sq. Ft.
$211
per Sq. Ft.

Description

Investors! Check out this multi-family property nestled between the seaside charm of Stonington Borough, the mill-village character of Pawcatuck, and a short trip to beaches in Westerly, RI. Comprising 2 units with flexible 1 and 2 bedroom layouts, this property combines steady cash flow with latent upside plus an enviable location that tenants will love. Just moments from the iconic Stonington Lighthouse Museum, Stonington Harbor, and the quaint boutiques, galleries, and cafes along Water Street....Investors! Check out this multi-family property nestled between the seaside charm of Stonington Borough, the mill-village character of Pawcatuck, and a short trip to beaches in Westerly, RI. Comprising 2 units with flexible 1 and 2 bedroom layouts, this property combines steady cash flow with latent upside plus an enviable location that tenants will love. Just moments from the iconic Stonington Lighthouse Museum, Stonington Harbor, and the quaint boutiques, galleries, and cafes along Water Street. The Pawcatuck side provides its own character underscoring the area's rich industrial past. This building offers residents true walkability. Inside, each unit offers separate utilities, ample storage options, and appliances. The building itself is well-maintained and offers an additional selling feature with a detached covered garage. From here, commuter connections are seamless being just minutes from I-95. The area's increasing attractiveness gives this asset unique appeal in a competitive market. Offering a stable, cash-flowing platform with clear paths for rental growth and amenity enhancements, this property is more than a building - it's a lifestyle investment. For those who value location, walkability, and character, this is an opportunity that checks every box. Schedule a private showing and explore how this property can anchor your next portfolio move.
  1. Listed by Ashley Baillargeon • Century 21 North East
    P: (401)-369-5714 C: (401)-369-5714 abaillargeon@c21ne.com

Property Details for 77 Mechanic Street

Basement Description
Full, Unfinished, Shared Basement, Sump Pump, Storage, Hatchway Access, Concrete Floor
Direct Waterfront
No
Garages Number
1
Neighborhood
Pawcatuck
Style
Units on different Floors
Garage Parking Info
Detached Garage, Covered Garage, Paved, Off Street Parking, Assigned Parking
Swimming Pool
No
LISTING UPDATED: 11/08/2025 11:40 PM

Property Details for 77 Mechanic Street

StatusActive
MLS #24130213
Days on Market73
Taxes$3,674 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / 2 Family
Year Built1880
Lot Size0.24 AC / 10,454 SF
CountyNew London County

Location

Listing Courtesy of Century 21 North East, Ashley Baillargeon
Add your commute

Building Information for 77 Mechanic Street

Stories-Residences2Year Built1880Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$2,134 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,828

Property Taxes

$306

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 77 Mechanic Street

Summary
Property and Location
  • Acres Source: Public Records
  • Directions: Use GPS
  • Elementary School: West Vine
  • Flood Zone: Yes
  • High School: Stonington
  • Latitude: 41.37294
  • Longitude: -71.834092
  • State: Connecticut
Parking
  • Parking Total Spaces: 4
HOA and Fees
  • Home Owner's Assocation: No
  • Tax Year: July 2025-June 2026
  • Property Tax: $3,674
Interior and Exterior Features
Exterior Features
  • Waterfront Description: Not Applicable
Interior Features
  • Attic Description: Heated, Storage Space, Finished, Walk-up
  • Cooling System: None
  • Heat Type: Baseboard
  • Attic YN: Yes
  • Fireplaces Total: 0
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s), Common Laundry Area
  • Laundry Room Location: In basement. Hook ups for each unit
  • Rooms Total: 7
Property
Property and Assessments
  • Construction Description: Brick, Concrete
  • Elevation Certificate: No
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick, Concrete
  • Fuel Tank Location: In Basement
  • New Construction Type: No/Resale
  • Roof: Asphalt Shingle
  • Year Built: 1880
  • Year Built Source: Public Records
  • Bank Owned Property: No
  • Sq Ft Description: First floor unit-1200sqft Second floor unit -650sqft Shared covered porch-182sqft Basement-900sqft
Lot Information
  • Lot Description: Lightly Wooded, Historic District
  • Parcel Number: 2075713
  • Sq Ft Est Heated Above Grade: 1755.0
  • Sq Ft Total: 1755.0
  • Zoning: PV-5
Utilities
  • Heat Fuel Type: Electric, Oil
  • Hot Water Description: Oil, Electric, Domestic
  • Sewage System: Public Sewer Connected
  • Water Source: Public Water Connected
Multi Family
Income and Expenses
  • Gross Annual Income: 34140
  • Occupied By: Tenant
  • Total Number of Units: 2
  • Total Rooms Multi Family: 7
Unit 1
  • Lease: Leased
  • Lease Expires: 05-31-2026
  • Unit Average Sq Ft: 1200
  • Unit Entry Order: 1
  • Unit Full Baths: 1
  • Unit Modified Date: 10-02-2025
  • Unit Monthly Rent: $1,370
  • Unit Num Bedrms: 2
  • Unit Num Rooms: 4
  • Unit Occupied By: Tenant
Unit 2
  • Lease: Leased
  • Lease Expires: 06-30-2026
  • Unit Average Sq Ft: 650
  • Unit Entry Order: 2
  • Unit Full Baths: 1
  • Unit Modified Date: 10-02-2025
  • Unit Monthly Rent: $1,475
  • Unit Num Bedrms: 1
  • Unit Num Rooms: 3
  • Unit Occupied By: Tenant

Property History for 77 Mechanic Street

DateEvent & SourcePriceAppreciation
Aug 17, 2004

Closed (Public Record)

Public Record #153508179

$168,000—
DateEvent & SourcePrice
08/17/2004

Closed (Public Record)

Public Record #153508179

$168,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 77 Mechanic Street

Taxable ValueLand$37,100Additions$147,700Total$184,800
Tax Record2024$3,674 ($306 / month)
Home Facts
Baths2Total Finished SqFt1,755 SqFtAbove Grade Finished SqFt1,755 SqFtUnfinished Basement SqFt900 SqFtStories2Lot Size10,454 SqFtStyleDuplexYear Built1880ZoningPV-5CountyNEW LONDONAPNSTNG M:4 B:6 L:8

Schools near 77 Mechanic Street

This home is within Stonington School District.
Rating
School
Type
Grades
Distance
Public - 3 to 4
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
West Broad Street School
Public3 to 4

Stonington Middle School
Public6 to 8

Stonington High School
Public9 to 12

West Vine Street School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

77 Mechanic Street is a multi-family home for sale in Stonington, CT 06379. This property was listed for sale on October 2, 2025 by Century 21 North East, it's currently listed at $370,000. It has been on the market for a total of 73 days and was last sold on August 17, 2004. This listing's school district is Stonington School District. Nearby schools include West Broad Street School, Stonington Middle School and Stonington High School. 77 Mechanic Street is a 3-bed, 2-bath, 1,755 sqft multi-family home built in 1880.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Century 21 North East, Ashley Baillargeon

Based on information from one of the following Multiple Listing Services: Darien MLS, Smart MLS and Greenwich Multiple Listing Service. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Darien MLS, Smart MLS and Greenwich Multiple Listing Service is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.