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44 Williams Avenue

Stonington, Connecticut 06355

ACTIVE$2,550,000
Beds
6
Baths
5
SqFt
3,669
Acres
0.17
Year Built
1940
Matt Caiola

Matt Caiola

Luxury Real Estate Advisor

MCMATT CAIOLALUXURY PROPERTIES
Higgins Group Private Brokerage

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About This Home

A turn-key investment opportunity in the heart of Mystic. This completely updated multi-unit building blends coastal sophistication with a high-yield asset model, making it a true trophy property for your portfolio. In the LS-5 zone, it is positioned perfectly for an owner occupier on the second floor with rental units for the modern traveler on the first level. Or, use all units as long-term rentals or an Inn. The building features a spectacular, two-story luxury penthouse with a chef's kitchen, premium appliances, 3 bedrooms and 2 full baths, and dual private outdoor decks designed for entertaining. The first floor has three impeccably furnished studio suites expertly designed with dedicated zones for living and sleek, spa-like baths. The property is within short walking distance to the Amtrak station and downtown Mystic's dining, shopping, and historic drawbridge. Strategically located moments from historic Stonington and the Rhode Island border, this asset is easily serviced by trains from NYC, Boston, and Fairfield County-putting a premier vacation market right at your doorstep. Outfitted with comprehensive security, integrated cameras, and smart access, the entire building is fully optimized for a lucrative, contactless rental system, while solar power generation keeps utility overhead exceptionally low. Complete with 10 on-site parking spaces This property delivers maximum convenience, modern efficiency, and cash flow.

Key Facts

City/Town
Stonington
Neighborhood
Mystic
Property / Style
Multi-Family · Units on different Floors,Units are Side-by-Side
Year Built
1940
Days on Market
58 days
Beds
6
Baths
5 full
Living Area
3,669 sq ft
Lot Size
0.17 acres
Garage / Parking
10 total
Property Taxes
$11,305 / Annually

Market Snapshot

The Stonington Market

Multi-Family · trailing 12 months

Median Days on Market

66

8 active listings

Median $ / Sq Ft

$432

8 active listings

Sale-to-List Ratio

97.3%

19 sales

How this home compares

List Price

$2.55M

vs $3.02M median

15.7% below median

Price / Sq Ft

$695

vs $432 median

60.9% above median

Days on Market

58 days

vs 66 days median

8 days fresher than median

Based on 8 active and 19 closed sales (trailing 12 mo) of multi-family in Stonington. Source: SmartMLS · As of July 28, 2026.

Location

44 Williams Avenue, Stonington, Connecticut

Property + 5 nearby

Estimate Your Payment

Estimated Monthly Payment

Rates: Freddie Mac PMMS via FRED
$14,794

per month

  • Principal & Interest$13,002
  • Property Taxes$942
  • Insurance$850
  • HOA$0

Estimates only. Actual rates, taxes, insurance, and HOA fees vary. Consult a lender for current rates.

Location

City/Town
Stonington
Neighborhood
Mystic
County
New London

Residence

Property Type
Multi-Family
Subtype
Quadruplex
Style
Units on different Floors,Units are Side-by-Side
Year Built
1940
New Construction
No/Resale
Living Area
3,669 sq ft

Schools

Elementary
Deans Mill
High
Stonington

Interior

Heating
Hot AirZoned
Heat Fuel
Oil
Cooling
Central AirSplit System
Laundry
Common Laundry Area
Laundry Location
Separate Room Accessible from exterior
Basement
None

Exterior & Lot

Lot Size
0.17 acres
Zoning
LS-5
Garage / Parking
10 total parking spacesPavedOff Street ParkingDrivewayPaved
Waterfront Details
Walk to WaterWater Community
Water Source
Public Water Connected
Sewer
Public Sewer Connected
Flood Zone
Yes
Construction
ClapboardHardie Board
Roof
Asphalt Shingle
Foundation
Concrete
Lot Description
Corner LotCity ViewsLevel Lot

Listing & Financials

Property Taxes
$11,305 / Annually
Days on Market
58
MLS #
24179342
MLS Status
Active

Similar Properties

Homes with a close match in area, property type, and price.

Listed By

Jonathan Shockley

(860) 917-6016

Serhant Connecticut, LLC

(203) 489-7800

Co-Listed By

Kevin Rogers

Serhant Connecticut, LLC

This information is believed to be accurate, but without warranty.

The IDX display contains information sourced from SmartMLS, Inc. as of 7/28/2026. This information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS, the listing broker, the listing agent, or Matt Caiola. Buyers and tenants should independently verify all information that matters to their decision.

Map locations may be approximate. Any offer of compensation, if applicable, is made only to participants of the MLS where the listing is filed. ©2026 Smart MLS, Inc. All rights reserved.

Data last updated on 7/28/2026 at 6:10 AM UTC.