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9 School (4 and 6 School Place) Street Mystic 9 School St St 6 Unit Apartment Building $5,086,871 CAD ($847,812 CAD/Unit) Mystic, CT 06355



Investment Highlights
- 6 2-bedroom, 1 bath apartments
- Laundry for each unit
- Updated units, mechanicals, electric, roofing and solar
- 2 parking spaces per unit off-street
- Fully furnished turn-key short-term setups
- Propane fired forced hot air and cooling
Executive Summary
Exceptional investment opportunity featuring THREE income-producing multi-family properties offered together as a premier portfolio package. Comprised of SIX total residential units-two distinct units per building-this rare offering presents robust cash flow, maximum flexibility, and undeniable long-term value for seasoned and aspiring investors alike. Location is everything, and this portfolio delivers. Situated within desirable walking distance to historic Downtown Mystic, tenants and guests will enjoy effortless access to world-class dining, boutique shopping, vibrant entertainment, and iconic local attractions. Each building has been thoughtfully maintained, perfectly positioning the portfolio to command premium rental rates in one of the region's most sought-after markets. Whether you are looking to expand an existing portfolio, owner-occupy while capitalizing on organic rental income, or maximize returns via short-term vacation rentals, the flexibility here is unmatched. Portfolio packages of this caliber-offering three separate buildings, six turnkey units, and immediate, multiple streams of income-rarely hit the market. Invest in lifestyle, premier location, and compounding long-term growth.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $5,086,871 CAD | Building Class | C |
| Price Per Unit | $847,812 CAD | Lot Size | 0.31 AC |
| Sale Type | Investment | Building Size | 4,962 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1950/2021 |
| Property Subtype | Apartment | Parking Ratio | 1.21/1,000 SF |
| Zoning | RH-10 | ||
| Price | $5,086,871 CAD |
| Price Per Unit | $847,812 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 4,962 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1950/2021 |
| Parking Ratio | 1.21/1,000 SF |
| Zoning | RH-10 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | STON-000173-000010-000008 | Total Assessment | $409,921 CAD |
| Land Assessment | $122,537 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $287,384 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
STON-000173-000010-000008
Land Assessment
$122,537 CAD
Improvements Assessment
$287,384 CAD
Total Assessment
$409,921 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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9 School (4 and 6 School Place) Street Mystic | 9 School St St
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