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MLS 24175981 For Sale Price Reduced Updated August 26, 2026
9 School (4 and 6 School Place)(Mystic) Street

Stonington, Connecticut 06355

$3,500,000
On market 102 days
9 School (4 and 6 School Place)(Mystic) Street
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About This Property

Exceptional opportunity to acquire a thriving six-unit short-term rental portfolio in the heart of Mystic, Ct. Offered as three well-maintained buildings with six guest accommodations, this turnkey hospitality operation provides immediate income in one of New England's most desirable coastal destinations. Located within walking distance of Historic Downtown Mystic, the portfolio benefits from strong year-round demand driven by waterfront attractions, acclaimed restaurants, boutique shopping, marinas, entertainment venues, and a vibrant tourism economy. Guests enjoy convenient access to Mystic's most popular destinations, helping drive occupancy and repeat visitation. The portfolio includes six thoughtfully appointed accommodations across three separate buildings, creating multiple revenue streams and operational flexibility. The properties have been carefully maintained and are positioned for continued success under new ownership. Unlike traditional multifamily investments, this offering represents an established lodging business with immediate cash flow and future growth potential. The combination of location, scale, and guest appeal creates a rare opportunity to acquire a hospitality asset in one of Connecticut's premier tourism markets. Whether expanding an existing portfolio or entering the short-term rental industry, this unique Mystic offering delivers proven income, operational flexibility, and long-term value. Financial and operational information availabl

Property Details

Interior

Heat
Hot Air — Propane
Cooling
Central Air
Basement
Crawl Space,Full,Full With Hatchway

Exterior & Lot

Roof
Asphalt Shingle
Construction
Construction
Garage & Parking
Paved Off Street Parking Driveway

Utilities & Systems

Water Source
Public Water Connected
Sewer
Public Sewer Connected

Community & Schools

Elementary
Per Board of Ed
High
Per Board of Ed
Neighborhood
Mystic
Subdivision
School Place Properties
Nearby Amenities
Library Public Transportation Shopping/Mall

9 School (4 and 6 School Place)(Mystic) Street

Stonington , Connecticut 06355

$3,500,000

Was $3,700,000 Reduced

On market 102 days

Beds
12
Baths
6
SqFt
4,962
Type
Multi-Family
County New London
Garage -
Rooms -
Lot Size 0.31 Acres
Property Tax $6,362
Assessed Value $298,400
Year Built 1910
Style Units on different Floors
Zoning RH-10
Parking Spaces 6

Payment Estimate

30-year fixed. Includes taxes; estimates only.

Estimated Monthly Payment
Open the full mortgage calculator →

Property Map

Map location is based on the property address.

Listing information is deemed reliable but not guaranteed and is sourced from the local MLS feed. Brokerage shown: 12829.

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