Historic Downtown Mystic Well Maintained 4 Family Home. This exceptional income-producing property featuring 2 legally approved Airbnb units (town of Groton) with private parking-offering generous revenue potential. 100 percent Occupied with one year lease. This special property features two covered porches and valuable off-street parking, just steps from Mystic's renowned shops, acclaimed restaurants, the iconic Bascule Bridge, sailing, kayaking, and year-round waterfront activities. The building offers three one-bedroom, one-bath apartments plus a second floor spacious three-bedroom, 2.5-bath residence, ideal for owner occupancy, long-term rental, or continued short-term use. A proven and lucrative Annual and VRBO rental history enhances its investment appeal. An outstanding opportunity in one of Connecticut's most sought-after coastal destinations-perfect for investors, second-home buyers, or those seeking to live in downtown Mystic while generating income. Very well maintained. Shared Laundry in Basement. Excellent Location and Value!
Under contract
Price cut: $100K (7/9)
$1,495,000
19 Pearl Street, Groton, CT 06340
6beds
3,791sqft
Multi Family
Built in 1844
-- sqft lot
$1,472,400 Zestimate®
$394/sqft
$-- HOA
What's special
- 38 days |
- 113 |
- 5 |
Zillow last checked:
Listing updated:
Listed by:
Judith Caracausa (860)912-9903,
William Pitt Sotheby's Int'l 860-536-5900
Source: Smart MLS,MLS#: 24190392
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Heating
- Baseboard, Hot Water, Oil
Cooling
- Wall Unit(s)
Appliances
- Included: Water Heater
- Laundry: Coin Op Laundry, Common Area
Features
- Basement: Full,Unfinished
- Attic: Access Via Hatch
- Has fireplace: No
Interior area
- Total structure area: 3,791
- Total interior livable area: 3,791 sqft
- Finished area above ground: 3,791
Property
Parking
- Total spaces: 5
- Parking features: Parking Lot, Off Street, Driveway, Private
- Has uncovered spaces: Yes
Features
- Exterior features: Sidewalk
- Waterfront features: Walk to Water, Water Community
Lot
- Size: 9,583 Square Feet
- Features: Level, Historic District, In Flood Zone
Details
- Parcel number: 1960769
- Zoning: R-7
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Clapboard, Cedar, Wood Siding
- Foundation: Stone
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1844
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Health Club, Library, Medical Facilities, Park, Playground, Shopping/Mall
- Subdivision: Mystic
HOA
- Has HOA: No
Location
- Region: Groton
Financial & listing details
- Price per square foot: $394/sqft
- Tax assessed value: $525,000
- Annual tax amount: $14,291
- Date on market: 7/9/2026
- Exclusions: Washer, Dryer and Dishwasher in Unit 2. These appliances belong to the Tenant.
Estimated market value
$1,472,400
$1.40M - $1.55M
$2,371/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Pending sale | $1,495,000$394/sqft |
Source:  Smart MLS #24190392 Report a problem | ||
| 7/9/2026 | Price change | $1,495,000-6.3%$394/sqft |
Source: Smart MLS #24190392 Report a problem | ||
| 1/22/2026 | Listed for sale | $1,595,000+105.8%$421/sqft |
Source: Smart MLS #24150377 Report a problem | ||
| 3/23/2020 | Sold | $775,000+41.9%$204/sqft |
Source: Public Record Report a problem | ||
| 2/20/2018 | Listing removed | $900 |
Source: Switz Real Estate Associates #170050173 Report a problem | ||
| 2/7/2018 | Listed for rent | $900-5.3% |
Source: Switz Real Estate Associates #170050173 Report a problem | ||
| 12/5/2014 | Listing removed | $950 |
Source: Market Realty, LLC #E280130 Report a problem | ||
| 10/2/2014 | Listed for rent | $950 |
Source: Market Realty, LLC #E280130 Report a problem | ||
| 8/23/2013 | Sold | $546,000+118.4%$144/sqft |
Source: Smart MLS #E266638 Report a problem | ||
| 5/10/2001 | Sold | $250,000-15.3%$66/sqft |
Source: Public Record Report a problem | ||
| 12/14/1987 | Sold | $295,000$78/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $14,291 +7.7% | $525,000 |
| 2024 | $13,275 +4% | $525,000 |
| 2023 | $12,761 +2.2% | $525,000 |
| 2022 | $12,481 +2.3% | $525,000 +21.2% |
| 2021 | $12,198 +0.8% | $433,020 |
| 2020 | $12,099 +4.5% | $433,020 |
| 2019 | $11,575 +1.2% | $433,020 |
| 2018 | $11,436 +1.9% | $433,020 |
| 2017 | $11,224 +17.4% | $433,020 +8.9% |
| 2016 | $9,558 -3% | $397,600 -6.2% |
| 2015 | $9,849 +2.4% | $423,780 |
| 2014 | $9,616 -0.8% | $423,780 |
| 2013 | $9,696 +2.7% | $423,780 |
| 2012 | $9,438 -5.4% | $423,780 -11.5% |
| 2011 | $9,973 +0.3% | $478,800 -1.5% |
| 2010 | $9,945 +2.7% | $486,290 |
| 2009 | $9,682 +18.7% | $486,290 |
| 2008 | $8,159 +99.4% | -- |
| 2006 | $4,091 +4.8% | $170,100 |
| 2005 | $3,904 +1.5% | $170,100 |
| 2004 | $3,848 -0.6% | $170,100 |
| 2003 | $3,870 +24.7% | $170,100 +50.5% |
| 2001 | $3,103 -11.9% | $113,050 |
| 2000 | $3,522 +2.1% | $113,050 |
| 1996 | $3,448 | $113,050 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 06340
Nearby schools
GreatSchools rating
- 7/10Northeast Academy Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 5/10Groton Middle SchoolGrades: 6-8Distance: 2.3 mi
- 5/10Fitch Senior High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- High: Fitch Senior
Source: Smart MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $--3 bd2 ba1.2k sqft19 Pearl St STE 2, Groton, CT 06340Off Market
- $--3 bd2 ba1.2k sqft19R Pearl St FL 2ND, Groton, CT 06340Off Market
- $--3 bd2 ba1.2k sqft19R Pearl Street #FL 2ND, Noank, CT 06340Off Market
- $1,111,7003 bd2 ba2.1k sqft21 Pearl St, Mystic, CT 06355Off Market
- $1,104,1003 bd3 ba2.2k sqft20 Pearl St, Mystic, CT 06355Off Market
- $---- bd-- ba-- sqft18 Pearl St, Mystic, CT 06355Off Market
- $402,2206 bd5 ba3.7k sqft23 1/2 Pearl St, Groton, CT 06340Off Market
- $1,091,8006 bd4 ba3.6k sqft23 Pearl St, Groton, CT 06340Off Market
A local agent can set up tours, give advice and negotiate with sellers.
Similar homes
- $1,465,0006 bd5 ba4.4k sqft14 Bittersweet Way, Stonington, CT 06378For Sale
MLS ID #24198247, Jessica C. Starr, Starr Team at LPT Realty. Smart MLS - $1,300,0005 bd4 ba2.5k sqft2 Ashby Street, Groton, CT 06355For Sale
MLS ID #24197394, Kim Benoit, CENTURY 21 Shutters & Sails. Smart MLS - $1,749,0005 bd3 ba4.2k sqft32 East Main Street, Stonington, CT 06355For Sale
MLS ID #24196733, Judith Caracausa, William Pitt Sotheby's Int'l. Smart MLS - $1,395,0004 bd3 ba3.4k sqft8-1/2 Prospect Street, Groton, CT 06355For Sale
MLS ID #24196996, Judith Caracausa, William Pitt Sotheby's Int'l. Smart MLS - $1,700,0004 bd3 ba2.9k sqft36 Pearl Street, Groton, CT 06355For SaleMLS ID #24182311, Tim J. Bray, Seaport Real Estate Services. Smart MLS
- $1,450,0004 bd3 ba2.7k sqft8 West Mystic Avenue, Groton, CT 06355For SaleMLS ID #24149383, Melinda Carlisle, Compass Connecticut, LLC. Smart MLS
- $1,470,0004 bd3 ba3.8k sqft24 Bittersweet Way, Stonington, CT 06378For SaleMLS ID #24195775, Amanda Girouard, CENTURY 21 Shutters & Sails. Smart MLS
- $889,0004 bd3 ba2.4k sqft41 Ocean View Avenue, Groton, CT 06355For SaleMLS ID #24193265, Thomas Switz, Switz Real Estate Associates. Smart MLS
- $1,950,0005 bd6 ba4.5k sqft27 Church Street, Groton, CT 06340For SaleMLS ID #24147523, Ann Bergendahl, Willow Properties. Smart MLS
- $895,0004 bd5 ba2.7k sqft14 New London Road, Groton, CT 06355For SaleMLS ID #24189185, Thomas Switz, Switz Real Estate Associates. Smart MLS
- $1,250,0004 bd3 ba2.7k sqft697 Noank Road, Groton, CT 06355For SaleMLS ID #24183770, Ann Bergendahl, Willow Properties. Smart MLS
- $1,395,0003 bd2 ba2.3k sqftSeven Gravel Street, Groton, CT 06355For SaleMLS ID #24153602, Judith Caracausa, William Pitt Sotheby's Int'l. Smart MLS
- $1,880,0004 bd4 ba3.1k sqft48 Bakers Cove, Groton, CT 06340For SaleMLS ID #24197802, Justin Bradley, Coldwell Banker Realty. Smart MLS
- $1,760,0003 bd3 ba2.8k sqft901 River Road, Groton, CT 06355For SaleMLS ID #24184199, Melinda Carlisle, Compass Connecticut, LLC. Smart MLS
- $1,350,0003 bd4 ba3.5k sqft1335 Pequot Trail, Stonington, CT 06378For SaleMLS ID #24171849, Tammy J. Tinnerello, William Pitt Sotheby's Int'l. Smart MLS
- $1,749,9006 bd6 ba4.1k sqft62 Nautilus Way, Stonington, CT 06378For SaleMLS ID #24188081, Jon Arruda, William Pitt Sotheby's Int'l. Smart MLS
- $819,0495 bd4 ba2.7k sqft49 Overlook Avenue, Groton, CT 06355For SaleMLS ID #24196603, Justin Bradley, Coldwell Banker Realty. Smart MLS
- $1,795,0004 bd3 ba3.6k sqft39 Gled Hill Street, Stonington, CT 06355For SaleMLS ID #24178546, Judith Caracausa, William Pitt Sotheby's Int'l. Smart MLS
- $1,700,0007 bd4 ba3k sqft61 & 63 Oswegatchie Road, Waterford, CT 06385For SaleMLS ID #24193725, Ann Carpenter, RE/MAX on the Bay. Smart MLS
- $1,700,0005 bd2 ba2.1k sqft174 River Road, Stonington, CT 06379For SaleMLS ID #24166473, Holly Powell, Berkshire Hathaway NE Prop.. Smart MLS
