Description
Unlock Your Investment Potential w/ this Private Waterfront Condo Complex. Are you seeking a strategic real estate investment that combines luxurious coastal living w/ income-generating potential? Look no further than 17 Hancox Street, a 15-unit condominium complex nestled along the serene shores of Stonington, CT. This property offers a rare chance to diversify your portfolio & tap into the highly sought-after waterfront market. Commanding panoramic water views & direct waterfront access, this condo complex is a magnet for renters & buyers alike. Tenants will savor the allure of coastal living while you reap the benefits of high-demand real estate. With 15 individual units (12 units recently fully updated), you'll have a steady stream of rental income, ensuring a reliable return on your investment. Capitalize on the evergreen appeal of waterfront living in this coveted location. Tenants are drawn to the luxurious amenities, including access to a private dock, ideal for swimming, sunbathing, or launching your kayak for a leisurely paddle. Waterfront paver patios w/fire pits, provides the perfect setting for gatherings & relaxation. Location, Location, Location: Stonington, CT, is a picturesque coastal town known for its charm & maritime history. The value of waterfront real estate remains resilient over time. Invest w/confidence, knowing that your property is poised for steady appreciation, offering a secure long-term investment Updates: 11 units have recently been renovated top to bottom, new parking lot, new front siding, new paver patios with fire pits, common areas were updated as well as fresh paint. The roof was replaced in 2017. All expenses are included with these rental units - heat, hot water, electricity and cable.
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0BEDS
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0.37ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Unlock Your Investment Potential w/ this Private Waterfront Condo Complex. Are you seeking a strategic real estate investment that combines luxurious coastal living w/ income-generating potential? Look no further than 17 Hancox Street, a 15-unit condominium complex nestled along the serene shores of Stonington, CT. This property offers a rare chance to diversify your portfolio & tap into the highly sought-after waterfront market. Commanding panoramic water views & direct waterfront access, this condo complex is a magnet for renters & buyers alike. Tenants will savor the allure of coastal living while you reap the benefits of high-demand real estate. With 15 individual units (12 units recently fully updated), you'll have a steady stream of rental income, ensuring a reliable return on your investment. Capitalize on the evergreen appeal of waterfront living in this coveted location. Tenants are drawn to the luxurious amenities, including access to a private dock, ideal for swimming, sunbathing, or launching your kayak for a leisurely paddle. Waterfront paver patios w/fire pits, provides the perfect setting for gatherings & relaxation. Location, Location, Location: Stonington, CT, is a picturesque coastal town known for its charm & maritime history. The value of waterfront real estate remains resilient over time. Invest w/confidence, knowing that your property is poised for steady appreciation, offering a secure long-term investment Updates: 11 units have recently been renovated top to bottom, new parking lot, new front siding, new paver patios with fire pits, common areas were updated as well as fresh paint. The roof was replaced in 2017. All expenses are included with these rental units - heat, hot water, electricity and cable.
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