15 Summit Street

About Property

Stonington Borough, 3 Family with VIEWS of SANDY POINT, NAPATREE POINT,WATCH HILL, MONTAUK & BLOCK ISLAND all year round from ALL UNITS. Dont miss out on this Magnificent 3 unit Apartment building w/ a 2 CAR GARAGE & off street large PAVED parking. Rare to have 3 units, plenty of parking & a garage for your tenants. So many possibilities for investors, owner occupients or Airbnb w/ separate (oil) HEAT, HOT WATER & (circuit breakers) ELECTRICAL. Many updates throughout the yrs w/ roof, (2 units) heating, oil tanks, electrical, all sheetrock( no plaster), paint, garage doors, gutters, flooring & much more. Beautiful large porch in the back to sip your coffee or have a glass of wine w/views of the ocean. Nice vinyl fenced in level yard. 1st and 2nd floor units are identical w/ 2-3 bedrms, nice wide plank wood floors, big living rm(or could be 3rd bedrm), dining rm & full bath. 3rd unit is a 1-2 bedrm, Full bath w/skylight. Plenty of room to add porches to all units in the back to enjoy the views or expand the top floor unit. ALL units have a stove & refrigerator, Full nice & clean walkout basement w/ washer & dryer hookups for all units & sprinklers on all the heating systems. Plenty of storage space. Adorable front porch for access and egress for all units. Long term tenants in place w/month to month leases. Rental income can easily be 7k a month. Low maintenance w/CITY WATER & SEWER, LOW TAXES 4417 a year. NO FLOOD INSURANCE needed. Family owned for over 74 yrs.
Listed by Signature Properties of NewEng, Irene Adams. Data sourced from SmartMLS